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