Answer to Question #75380 in Macroeconomics for t man

Question #75380
In the classical model of the labour market, voluntary unemployment will increase if:
1
Expert's answer
2018-04-02T10:10:08-0400
Voluntary unemployment will increase when real wages become lower than actual equilibrium level at market. Also when tax rate increases people are more willingly to leave their jobs in case of salary decrease. High percent of people think that state will take care of them in such cases.

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