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Author Question: With respect to unemployment, the classical model states that A) unemployment of any kind cannot ... (Read 70 times)

rl

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on: Jun 30, 2018
With respect to unemployment, the classical model states that
 
  A) unemployment of any kind cannot exist.
  B) involuntary unemployment will always exceed voluntary unemployment.
  C) unemployment fluctuates with the interest rate.
  D) only voluntary unemployment exists.

Question 2

Which one of the following does NOT contribute to economic growth?
 
  A) increases in the price level B) the growth of capital and labor productivity
  C) the growth of the labor force D) the growth of the capital stock


kescobar@64

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Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

A


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