Q. Consider the following pairs:
Type of unemployment | Description |
1. Frictional | Unemployment due to the health of the Economy. |
2. Seasonal | Unemployment due to change in seasons. |
3. Cyclic | Unemployment due to change in Jobs. |
Explanation:
Pair 1 is incorrectly matched: Frictional unemployment occurs due to change in Jobs.
Pair 2 is correctly matched: Seasonal unemployment occurs due to change in seasons.
Pair 3 is incorrectly matched: Cyclic unemployment occurs due to the health of the Economy.