Question

______________ is when a resource is not fully utilized, such as when your Economics professor has to sweep the streets as a primary job.
A) Under-employment
B) Unemployment
C) Inflation
D) Economic Efficiency

Answer 1

Answer:

The correct answer is under-employment.

Explanation:

Under-employment is when a resource is not fully utilized, such as when your Economics professor has to sweep the streets as a primary job.

Unemployment mean no job at all. It is situation in which workers are jobless, either because of no availability of jobs or because wokers are not accepting jobs at the going low wage rate. However, under-employment is a situation in which workers get part time jobs or jobs requiring lower education, training and skills than they have. It is quite common in under developed countries.