1. The situation in which all available resources are used inefficiently manner.
Suggest the economic terms for the given statements:
1. The situation in which all available resources are used inefficiently manner.
2. Unemployment is found in villages.
3. Unemployed during the slack season.
4. Unemployment was found among graduates and postgraduates.
5. Unemployment is created due to breakdown of machinery, power failure, etc.
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1 Answers
1. Full employment
2. Rural unemployment
3. Seasonal unemployment
4. Educated unemployment
5. Frictional unemployment
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