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Author Question: According to the Classical economists, the economy (Read 44 times)

saraeharris

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on: Apr 19, 2019

Question 1

According to Classical economists, if the quantity of labor demanded exceeds the quantity supplied, there is a


◦ surplus of labor and wages will rise.
◦ shortage of labor and wages will fall.
◦ shortage of labor and wages will rise.
◦ surplus of labor and wages will fall.

Question 2

According to the Classical economists, the economy


◦ requires fine-tuning to reach full employment.
◦ has sticky prices in many industries.
◦ is self-correcting.
◦ will never be at full employment.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by saraeharris on Apr 19, 2019

joneynes

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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saraeharris

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Reply #2 on: Apr 19, 2019
TY


joneynes

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Reply #3 on: Apr 19, 2019
You're welcome


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