Unemployment means that:
A People are not willing to work at the going wage rate.
B At the going wage rate, there are people who want to work but cannot find work.
C There are some people who will not work at the going wage rate.
D There is excess demand in the labour market.
Answer:A
Unemployment means that:
A People are not willing to work at the going wage rate. B At the going wage rate, there are people who want to work but cannot find work. C There are some people who will not work at the going wage rate. D There is excess demand in the labour market.