Question

2.How will disguised unemployment affect the country’s GDP?

Answer 1

Answer:

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Explanation:

Disguised unemployment is unemployment that does not affect aggregate economic output. It occurs when productivity is low and too many workers are filling too few jobs.

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Answer 2

Answer:

In other words, there is an inverse empirical relationship between the unemployment rate and the GDP in any given country; as GDP rises, unemployment rates decrease, and vice versa. This theory was developed by Okun in 1962, based off of data from 1947 to 1960 (Okun 1962).

Explanation: