Question 1
What is involuntary unemployment?
Solution
Involuntary unemployment refers to a situation when a person who is able and is willing to work does not get work at the going wage rate.
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Introduction Here is the CBSE Economics Chapter 1 for Class 12 students. Summary and detailed explanation of the lesson, including the definitions of difficult words. All of the exercises and questions and answers from the lesson's back end have been completed. NCERT Solutions for Class 12 Economics Introduction Chapter 1 NCERT Solutions for Class 12 Economics Introduction Chapter 1 The following is a summary in Hindi and English for the academic year
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What is involuntary unemployment?
Involuntary unemployment refers to a situation when a person who is able and is willing to work does not get work at the going wage rate.
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