WAEC Economics 2016 Objective — Question 26
Question 26 of 50 from the West African Examinations Council (WAEC) Economics 2016 Objective paper, with the correct answer and a full explanation.
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26. The type of unemployment that occurs as a result of physical or mental disability of labour is known as (a) frictional unemployment (b) structural unemployment (c) cyclical unemployment (d) residual unemployment
- A. frictional unemployment
- B. structural unemployment
- C. cyclical unemployment
- D. residual unemploymentCorrect
Explanation
Residual unemployment is caused by the fact that some people are willing to work but are unable to do so due to mental or physical illness.
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