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The Classical Model Does a Poor Job of Explaining the __________

Question 19

Multiple Choice

The classical model does a poor job of explaining the __________ because it assumes that the __________ always clears.


A) long run;labor market.
B) long run;financial market.
C) short run;labor market.
D) short run;financial market.
E) short run;housing market.

Correct Answer:

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