Solved IB ACIO Question
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Q · Poverty and Unemploymentmoderate · 45s
A labour market situation where people are willing to work at the prevailing wage but cannot find jobs is:
TopicPoverty and Unemployment
Question Typemultiple choice
Difficultymoderate
Marking+1 / −0.33
Test Duration30 min
Step-by-Step Solution
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Meaning: Open unemployment is observable joblessness among active job‑seekers.Correct Option Justification: A is correct; it is the standard notion of unemployment.Incorrect Options:A. Voluntary unemployment is a choice not to accept work at current wages.B. Hidden unemployment includes discouraged workers not captured in official data.C. Seasonal unemployment is driven by seasonal patterns, not general job scarcity.
Final Answer: Option A - Open unemployment