A measurement of unemployment based on the number of people out of work and claiming unemployment benefits is called in terms of economic theory

Related MCQs

• The total number of people in a country who are in work or unemployed but looking for work, is called:
• The dominant body of economic thinking, economic method and economic style in the period from 18th to 19th century is termed as
• Which of the following is a better measurement of Economic Development?
• The inefficiencies associated with employing a representative to carry out a task for you rather than carrying it out yourself are known as in economical terms as
• The term used to describe a sharp slowdown in the rate of economic growth or a modest decline in economic activity is called:
• An early modern European economic theory that trade generates wealth of bullion which a government should encourage by promoting exports and restricting imports is called:
• Which famous thinker and economic philosopher said, “Religion … is the opium of the people.”?
• Whe a large number of investors in a country transfer investments elsewhere because of disturbed economic conditions, it is called -
• A downturn in the business cycle in which there is a sustained high level of unemployment is called
• An increase in per capital income is not an indication of an increase in the economic welfare of the people -