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Anastasy [175]
3 years ago
5

What is underemployment . explain​

Advanced Placement (AP)
2 answers:
sattari [20]3 years ago
8 0

Underemployment is a condition in which workers are employed in less than full-time or regular jobs or insufficient jobs for their training or economic needs. Also, underemployment is a worker's underuse because a job does not use the skills of the worker, i.e. part-time, or leaves the worker idle.

PLEASE MARK MY ANSWER AS BRAINLIEST.

SVEN [57.7K]3 years ago
6 0

<em>Underemployment is a measure of employment and labor utilization in the economy that looks at how well the labor force is being used in terms of skills, experience, and availability to work. People who are classified as underemployed include workers who are highly skilled but working in low-paying or low-skill jobs and part-time workers who would prefer to be full-time. This is different from unemployment in that the person is working but not at their full capability.........</em>

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The velocity of circulation is 4 and the quantity of money is $3 billion.
musickatia [10]

The GDP is $12 billion.

<h3>What is Velocity of circulation in Economics?</h3>

In Economics, Velocity of circulation refers to the circulation of the amount of the money during a given period of the time. The calculation of the velocity of circulation is done by dividing GDP by the country's total money supply.

The Gross domestic product (GDP) is the standard measurement of the total value of the goods and services produced in the country in the given period of time.

According to the question, Velocity of Circulation is 4 and quantity of money is $3 billion.The calculation of the GDP is as follows:-

Gross domestic product = 4×3 billions

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Learn more about Velocity of circulation here:

brainly.com/question/24165601

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