menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Macroeconomics Study Set 39
  4. Exam
    Exam 3: National Income: Where It Comes From and Where It Goes
  5. Question
    In the Classical Model, What Adjusts to Eliminate Any Unemployment
Solved

In the Classical Model, What Adjusts to Eliminate Any Unemployment

Question 149

Question 149

Multiple Choice

In the classical model, what adjusts to eliminate any unemployment of labor in the economy?


A) the average price level
B) the interest rate
C) the real rental price of capital
D) the real wage

Correct Answer:

verifed

Verified

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

Related Questions

Q144: a. Suppose a government moves to reduce

Q145: Assume that GDP (Y) is 5,000.

Q146: Use the following to answer questions :<br>Exhibit:

Q147: The neoclassical theory of distribution:<br>A) was developed

Q148: The home that would have the highest

Q150: Suppose people in an economy reduce their

Q151: According to the model developed in Chapter

Q152: Skill-biased technological change _ the demand for

Q153: Total investment in the United States averages

Q154: If bread is produced by using a

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines