At the equilibrium wage,there is still some unemployment because the wage is so low.

Name: At the equilibrium wage,there is still some unemployment because the wage is so low.
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The equilibrium wage is the point where the quantity of labor supplied equals the quantity of labor demanded, which means there is no involuntary unemployment. If there is still unemployment, then the wage is not at equilibrium and not low enough to clear the labor market.

At the Equilibrium Wage,there Is Still Some Unemployment Because the Wage