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Question : _____________________ refers to a situation in which all those people, who are willing and able to work at the existing wage rate, get work without any undue difficulty.

Option 1: Frictional employment

Option 2: Structural employment

Option 3: Full employment

Option 4: Involuntary unemployment

 


Team Careers360 8th Jan, 2024
Answer (1)
Team Careers360 25th Jan, 2024

Correct Answer: Full employment


Solution : Full employment refers to a situation in which all those people, who are willing and able to work at the existing wage rate, get work without any undue difficulty.

Hence, Option C is correct.

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