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Those Who Are Jobless and Out of the Labour Force

Question 4

Multiple Choice

Those who are jobless and out of the labour force:


A) are voluntarily unemployed.
B) are too productive to be hired at the going wage.
C) have chosen not to supply labour at the going wage.
D) are involuntarily unemployed.
E) have a reservation wage that is lower than the going wage.

Correct Answer:

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