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2. Refers either to unemployed people whose work does not make full use of their qualifications or to those forced to take part in part-time employments

  • Market failure
  • Underemployment
  • Unemployment
  • Uncertainty

3. Designed to increase the productive capacity of the economy by influencing aggregate supply

  • Unemployment
  • Government intervention
  • Supply-side policies
  • Demand-side policies

4. Value every year's output at the price levels of a base year, removing the effects of inflation

  • Inflation
  • Index numbers
  • Constant prices
  • Normal prices

5. Describes a situation where events are unpredictable and beyond the control of the business

  • Unemployment
  • Uncertainty
  • Risk
  • Instability
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