Social Sciences, asked by rishabh4632, 9 months ago

What is involuntary unemployment?​

Answers

Answered by shashwat05
2

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.

Answered by legend1321
0

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

Similar questions