Economics · Employment and Unemployment
A situation where individuals have the desire and the required ability to work at prevailing wages, but are unable to find any employment, is known as:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Open unemployment✓
- 2Invisible unemployment
- 3Frictional unemployment
- 4Disguised unemployment
Correct answer
Open unemployment
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