Solved IB ACIO Question
A solved IB ACIO PYQ - decoded step-by-step.
Solve it the standard way once - then learn the shortcut.
Q · Poverty and Unemploymentmoderate · 45s
When more workers are engaged than actually needed so that some have near-zero marginal productivity, it is:
TopicPoverty and Unemployment
Question Typemultiple choice
Difficultymoderate
Marking+1 / −0.33
Test Duration30 min
Step-by-Step Solution
The complete worked solution.
Every step explained - no skipped algebra.
Meaning: Disguised unemployment is common in over-staffed agriculture or informal activities.Correct Option Justification: B is correct as surplus labour hides within 'employment'.Incorrect Options:A. Underemployment is working fewer hours or at lower skill levels than desired.B. Voluntary unemployment is choosing not to work at prevailing wages.C. Educated unemployment is joblessness among those with higher education.
Final Answer: Option B - Disguised unemployment