Question
Distinguish between open and disguised unemployment.
Solution
Open employment refers to that situation in which the workers having necessary ability to work and willing to work at current wage rate does not get work. He remains unemployed for full time. On the other hand disguised unemployment refers to that situation in which the number of workers engaged in a job is much more than the actually required to accomplish it. If some of them are withdrawn from that job, the total production will not be affected.
