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Economics · 2024 · 1 mark
CBSE 2024 · Region 3 · Set 1 · Q1
Read the following statements : Assertion (A) and Reason (R). Choose the correct alternative from those given below :Assertion (A) : Voluntarily unemployed people are those able bodied people who are not willing to work at the prevailing wage rate.Reason (R) : There exists zero involuntary unemployment at full employment level of equilibrium.Alternatives :
Official answer
From CBSE’s own marking scheme for this paper.
(B)
Both Assertion (A) and Reason (R) are true, but Reason (R) is not the correct explanation of the Assertion (A).
Marking-scheme solution
(B)
Both Assertion (A) and Reason (R) are true, but Reason (R) is not the correct explanation of the Assertion (A).
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CBSE Class 12 Economics past-paper question from the 2024board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.