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According to Classical Economists

Question 181

Multiple Choice

According to classical economists,


A) full employment means zero unemployment
B) as long as markets clear,no government action is needed to ensure full employment
C) even if all markets clear,government action is needed to correct labor market imperfections if the economy is to reach full employment
D) as long as markets clear and government provides jobs to those who need them,the economy will be at full employment
E) even if markets clear,cyclical unemployment will still persist in the long run

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