The amount a household would like to work within a giver period at the current wage rate if it could find the work is referred to as the unconstrained supply of labor.

Question

Quizplus · Accepted Answer

This statement is true. The unconstrained supply of labor represents the amount of work a household is willing to offer at the current wage level, assuming there are no other constraints such as a lack of job opportunities or other commitments that might limit their availability to work.

The Amount a Household Would Like to Work Within a Giver