JAMB Economics 1994 Question 11

Question 11

Labour Market

Unemployment can be reduced by

  1. A.restricting the productive base of the economy
  2. B.adopting capital-intensive techniques of production
  3. C.adopting labour-intensive techniques of production
  4. D.adopting a mixture of labour and capital-intensive techniques of production
Show the answer and explanation

Answer: C (adopting labour-intensive techniques of production)

Explanation

Labour-intensive methods use more workers per unit of output, so they create more jobs.