Economics · Unemployment in India
Given below are two statements: Statement I: Disguised unemployment is a structural phenomenon in Indian agriculture. Statement II: Marginal productivity of additional labour units is zero (MPL = 0) in Indian agriculture due to disguised unemployment. In the light of the above statements, choose the correct answer from the options given below:
- 1Statement I is false but Statement II is true.
- 2Statement I is true but Statement II is false.
- 3Both Statement I and Statement II are false.
- 4Both Statement I and Statement II are true.✓
Correct answer
Both Statement I and Statement II are true.
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