The wage rate at which the individual worker is indifferent between participating and not participating in the labour force is called the:

Name: The wage rate at which the individual worker is indifferent between participating and not participating in the labour force is called the:
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The reservation wage is the lowest wage at which a worker would be willing to accept a particular type of job, representing the point of indifference between working and not working.

The Wage Rate at Which the Individual Worker Is Indifferent