Q. 223.5( 4 Votes )
Disguised unemployment. Under this type of unemployment, marginal product gained by employing one additional unit of labor is zero. Disguised Unemployment is a kind of unemployment in which there are people who are visibly employed but are actually unemployed. This situation is also known as Hidden Unemployment. In such a situation more people are engaged in a work than required
Workforce participation The labor force participation rate refers to the number of people available for work as a percentage of the total population.
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