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Most Classical Macroeconomists Considered Unemployment

Question 8

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Most classical macroeconomists considered unemployment


A) a minor problem due to the rapidity of downward price level changes.
B) a minor problem due to the sluggishness of downward price level changes.
C) a major problem due to the sluggishness of downward price level changes.
D) a major problem due to the rapidity of downward price level changes.

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