Economy, asked by shreeyashinde1108, 10 months ago

distinguished between voluntary and involuntary unemployment

Answers

Answered by pranatipanda12345

Answer:

Explanation:

Involuntary unemployment occurs when a person is willing to work at the prevailing wage yet is unemployed. Involuntary unemployment is distinguished from voluntary unemployment, where workers choose not to work because their reservation wage is higher than the prevailing wage.

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