Answer MCQ&A Indian Economy/General Economics Old people - TopicsExpress

Answer MCQ&A Indian Economy/General Economics Old people dont need jobs. So they are out of the unemployment/employment statistics. If productivity is high, there can be unemployment as less people do the work. But when productivity is low, there will be many people being hired and thus unemployment is low. Thus, a and b(3) keep unemployment low. The latter two have no relation to the question, on second thoughts. Answer is 3.

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