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UNEMPLOYMENT — Economics STD 12 Commerce — Question

Gujarat BoardEnglish MediumSTD 12 CommerceEconomicsUNEMPLOYMENT2 Marks
Question
What is meant by disguised unemployment?
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Answer

Disguised unemployment occurs when more people are engaged in an activity than are actually required. If some people are removed, total production remains unchanged. Their marginal productivity is zero.

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