Social Sciences, asked by sakinakhatunkhatun76, 8 months ago

what is involuntary unemployment ?

Answers

Answered by Anonymous

26

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Involuntary unemployment is a situation where workers are willing to work at the market wage or just below but are prevented by factors beyond their control. These factors could include deficiency of aggregate demand, labour market inflexibilities, implicit wage bargaining and efficiency wage theory

Answered by simi1706

3

Answer:

Involuntary Unemployment

Involuntary Unemployment occurs when a person is willing to work at the prevailing wage yet is unemployed

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