Question

8. Assertion (A): Disguised
unemployment is hidden in
contrast to someone who does
not have a job and is clearly
visible as unemployed.
Everyone is working, no one is
fully employed. Reason (R): In
actual fact, labour effort gets
divided. *
O
Both assertion and reason are t
and reason is to​

Answer 1

Answer:

Explanation:

Disguised employed labors has zero marginal productivity.

Explanation-

Disguised unemployment is a situation where there too many people employed in an activity, such that even if you remove a few of them, the productivity remains the same. This implies that the marginal product of labour is zero as the output remains unchanged with an addition/removal to the factor input i.e. labour.

4. Unemployment during recession is called cyclical unemployment.

Explanation-

The period of recession or depression is characterized by a decrease in the aggregate demand. This decrease in aggregate demand leads to a slow-down in the production process, which in turn forces the producers to decrease the number of labour inputs by firing few of the workers. The unemployment thus cause, is known as cyclical unemployment.

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Answer 2

Answer:

the correct answer is A