Economics · Employment and Unemployment Concepts
Given below are two statements: Assertion (A): Disguised unemployment is prevalent in the agricultural sector in India. Reason (R): The marginal product of agricultural labour is close to zero, meaning removal of some workers would not reduce total agricultural output. Choose the correct answer:
- 1A is false but R is true
- 2A is true but R is false
- 3Both A and R are true, and R is the correct explanation of A✓
- 4Both A and R are true, but R is NOT the correct explanation of A
Correct answer
Both A and R are true, and R is the correct explanation of A
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