what is involuntary unemployment ?? Answer me
Answers
Answered by
26
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
0
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.
Similar questions
Chemistry,
4 months ago
Math,
4 months ago
Computer Science,
4 months ago
Science,
8 months ago
Biology,
8 months ago
Math,
1 year ago
Computer Science,
1 year ago