Why is there NO persistent unemployment in the classical model? A) Un
Why is there NO persistent unemployment in the classical model?
A) Unionization creates job security for workers.
B) The wage level adjusts to eliminate unemployment.
C) The interest rate adjusts to eliminate unemployment.
D) The rate of economic growth is always high enough to allow those who want to work at current wages to find jobs.
ANSWER
B
Expert paper writers are just a few clicks away
Place an order in 3 easy steps. Takes less than 5 mins.