Economics · Unemployment
What is the key characteristic of disguised (or hidden) unemployment?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Laborers are voluntarily unemployed due to low wages
- 2Total productivity decreases with addition of labor
- 3Marginal physical productivity of labor is zero✓
- 4Marginal physical productivity of labor is highly positive
Correct answer
Marginal physical productivity of labor is zero
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