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Excess & Deficient Demand · Question 2 of 53

Question 2

EasyOriginal question

Involuntary unemployment means

people do not want to work at the going wageCorrect answerYour answerpeople are between two jobsCorrect answerYour answerstudents are not workingCorrect answerYour answerpeople willing to work at the going wage cannot find workCorrect answerYour answer

Show the answer and explanation

CorrectNot quiteAnswer D

Correct answer: D

Involuntary unemployment exists when there are more people willing to work than jobs at the current wage.

Concept: Involuntary unemployment
Typical timeTypical: 40 s
Your timeYours: —

The rule this testsFull employment and involuntary unemployment

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