Solved

According to Classical Economics

Question 138

Multiple Choice

According to classical economics,


A) the economy moves to full employment in the long run
B) the economy is always at full employment in the short run
C) the economy is rarely at full employment
D) business cycles explain long-run fluctuations in the economy
E) the economy is at full employment in the short run,but in the long run,business cycle movements lead the economy away from full employment

Correct Answer:

verifed

Verified

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

Related Questions