Question

Definition
Absolute Poverty and Disguised Unemployment​

Answer 1

Answer:

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Explanation:

Absolute poverty is the state by which an individual is unable to meet their immediate needs. In other words they are unable to obtain basic needs such as shelter, water, food and warmth. It contrasts with relative poverty, which is where individuals are poor by comparison to other members of society.

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. It can refer to any part of the population that is not employed at full capacity.