The openly unemployed in LDCs are usually from all of the following except ?
Correct answer: D. from the poorest 1/5 of the population
- A. persons 15 to 24 years old
- B. the educated
- C. residents of urban areas
- D. from the poorest 1/5 of the population
Explanation
Open unemployment in LDCs is commonly concentrated among young, educated and urban people who can afford to search for work. The poorest fifth usually cannot remain openly unemployed because they must undertake some form of subsistence activity.
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About Economy of Pakistan
Pakistan's economy is examined through agriculture, industry, services, trade, remittances, employment, population, poverty and regional development. The topic also covers GDP and national income, inflation, fiscal and monetary policy, taxation, public debt, the balance of payments, energy constraints and structural challenges, including the role of the State Bank and development planning.
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