In the Classical Model, What Occurs If a Wage of $20/hour

Multiple Choice

In the classical model, what occurs if a wage of $20/hour results in unemployed workers?

A) The workers will go on strike to demand that more jobs be created.
B) Producers will quickly create more jobs and hire the unemployed workers, so unemployment is short-lived.
C) The wage rate will drop, more workers will be hired, and the unemployment rate falls.
D) The government will step in and order firms to hire more workers.