Question

what is said to exist when people are
willing to work at the going wages cannot find jobs​

Answer 1

Answer:

hey

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

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. In an economy with involuntary unemployment there is a surplus of labor at the current real wage.

Explanation: