Employment Elasticity
Economics ⇒ Employment and Unemployment
Employment Elasticity starts at 11 and continues till grade 12.
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See sample questions for grade 11
Describe one policy measure that can increase employment elasticity in the manufacturing sector.
Describe the impact of capital-intensive technology on employment elasticity.
Describe the relationship between technological advancement and employment elasticity.
Explain how employment elasticity can help in setting employment targets for a country.
If a sector’s output grows by 12% and employment falls by 3%, what is the employment elasticity?
If employment elasticity is 0.8 and output is expected to grow by 5%, by what percentage is employment expected to grow?
If output increases by 15% and employment increases by 3%, what is the employment elasticity?
If output increases by 8% and employment increases by 4%, what is the employment elasticity?
Which of the following best describes a situation where employment elasticity is zero? (1) Employment increases with output, (2) Employment remains unchanged with output, (3) Employment decreases with output, (4) Output decreases with employment
Which of the following best explains why employment elasticity might decrease over time in a growing economy? (1) Increased automation, (2) More labour-intensive industries, (3) Decreased output, (4) Higher population growth
Which of the following is a direct implication of low employment elasticity? (1) High job creation, (2) Jobless growth, (3) High wage growth, (4) Increased exports
Which of the following is a limitation of using employment elasticity as a measure? (1) It ignores quality of jobs, (2) It considers only output growth, (3) It is affected by inflation, (4) It measures unemployment
Employment elasticity is calculated as the percentage change in ______ divided by the percentage change in output.
Fill in the blank: Employment elasticity helps in understanding the ______ of economic growth on job creation.
Fill in the blank: Employment elasticity is a measure of the ______ of employment to changes in output.
Fill in the blank: If employment elasticity is greater than 1, employment grows ______ than output.
True or False: A negative employment elasticity indicates that employment falls as output rises.
True or False: Employment elasticity can be negative if technological progress leads to labour displacement.
True or False: Employment elasticity can be used to compare job creation potential between countries.
True or False: Employment elasticity can be used to predict future employment trends based on projected output growth.
