This topic contains a solution. Click here to go to the answer

Author Question: Unemployment implies that in the labor market (Read 37 times)

geodog55

  • Hero Member
  • *****
  • Posts: 530

Question 1

Unemployment means that


◦ at the going wage rate, there are people who want to work but cannot find work.
◦ people are not willing to work at the going wage rate.
◦ there are some people who will not work at the going wage rate.
◦ there is excess demand in the labor market.

Question 2

Unemployment implies that in the labor market


◦ there is an excess supply of labor.
◦ there is an excess demand for labor.
◦ there are too few workers for the jobs available.
◦ quantity demanded of labor exceeds quantity supplied.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by geodog55 on Apr 19, 2019

lkanara2

  • Sr. Member
  • ****
  • Posts: 329
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 32% of students answer this correctly



geodog55

  • Hero Member
  • *****
  • Posts: 530
TY



lkanara2

  • Sr. Member
  • ****
  • Posts: 329
You're welcome



 

Did you know?

The human body produces and destroys 15 million blood cells every second.

Did you know?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

Did you know?

The largest baby ever born weighed more than 23 pounds but died just 11 hours after his birth in 1879. The largest surviving baby was born in October 2009 in Sumatra, Indonesia, and weighed an astounding 19.2 pounds at birth.

For a complete list of videos, visit our video library