If workers sit idly by for a portion of their workday,but are still employed,firms may be engaged in ________.
A)intertemporal substitution
B)voluntary unemployment
C)labor hoarding
D)real business

Question

Quizplus · Accepted Answer

Labor hoarding refers to the practice of firms keeping workers on the payroll even during periods of decreased demand or work. This can lead to workers only being partially occupied or sitting idle, but still being employed. This is different from voluntary unemployment, where workers choose not to work, and intertemporal substitution, where workers shift their work hours to different times of the day or week. Real business is not a valid term in this context.

If Workers Sit Idly by for a Portion of Their