Solved

The Classical Model Is a Poor Predictor of Short-Run Economic

Question 53

Multiple Choice

The classical model is a poor predictor of short-run economic fluctuations in part because it assumes that


A) all workers wish to work
B) government will prevent these fluctuations
C) the labor market always clears
D) the long run is just a series of short-run periods
E) labor demand curve is stable

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions