Unemployment implies that in the labor market
A. there is an excess supply of labor.
B. there is an excess demand for labor.
C. there are too few workers for the jobs available.
D. quantity demanded of labor exceeds quantity supplied.
Answer:A
Unemployment implies that in the labor market
A. there is an excess supply of labor. B. there is an excess demand for labor. C. there are too few workers for the jobs available. D. quantity demanded of labor exceeds quantity supplied.