Question

what is involentry unemployment​

Answer 1

___ANSWER_____________

• 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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Answer 2

Hello!

Here is the answer for your question!

Question:- what is involentry unemployment​

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Answer:-

• Involentary unemployment happens when a person in willing to do a job at present wages but still is unemployed.

• This happens mainly due to less demand for the work that the person is doing and also heavy implicit bargaining in the job

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Hope this helped you with your doubt :)