Q22 of 34 Page 1

Under ………………………type of unemployment, marginal product gained by employing one additional unit of labour is zero. 1

(Fill up the blank with correct answer)


Or


………………………… an indicator which is used for analyzing the employment situation of a country. (Fill up the blank with correct answer)


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

Or


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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