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Question : ______________ refers to that economic phenomena in which person are able and willing to work at the prevailing wage rate but failed to get work.
 

Option 1: Disguised unemployment
 

Option 2: Seasonal unemployment
 

Option 3: Open unemployment
 

Option 4: None of the above.
 


Team Careers360 7th Jan, 2024
Answer (1)
Team Careers360 18th Jan, 2024

Correct Answer: Open unemployment
 


Solution : Open unemployment refers to that economic phenomena in which person are able and willing to work at the prevailing wage rate but failed to get work.
Hence Option C is correct.

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