Question 1
According to the ________ economists, those who are not working have chosen not to work at the market wage.
◦ classical
◦ Keynesian
◦ modern monetarist
◦ neo-Marxist
Question 2
Those who believe that wages adjust ________ to clear the labor market also believe that the
________ curve is vertical.
◦ slowly;
AD◦ quickly;
AD◦ slowly;
AS◦ quickly;
AS