10. What is the difference between disguised unemployment and seasonal
unemployment?
Answers
Answered by
7
Answer:
Disguised unemployment occurs when surplus labor is employed, out of which some employees have zero or almost zero marginal productivity. As such, this type of unemployment does not affect the aggregate output.where as
Seasonal unemployment occurs when individuals are unemployed at certain times of the year because they are employed in industries that do not produce goods or services all year round
Similar questions