Economic Glossary | Glossary Related To v | Bankers Algo
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-by Winston Churchill

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Economic Glossary

    Economic Terms starting with V


    Voluntary unemployment

Unemployment through opting not to work, even though there are jobs available. This is the joblessness that remains when there is otherwise FULL EMPLOYMENT. It includes FRICTIONAL UNEMPLOYMENT as a result of people changing jobs, people not working while they undertake JOB SEARCH and ­people who just do not want to work.


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Banker's Algo Daily Dose

Word of the day

Council(n)

Meaning:

An assembly of persons summoned or convened for consultation, deliberation, or advice

Synonyms: assembly, board, body, brain trust, cabinet, chamber, clan, committee

Antonyms: individual, one

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Question

In a two digit number the digit in the unit’s place is twice the digits in the ten’s place and the number obtained by interchanging the digits is more than the original number by 27. What is the 50% of original number?

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