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Classical economists believe that economic policies are ineffective because they don't affect ...

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Classical economists believe that economic policies are ineffective because they don't affect ...

Question 1.

The classical view of the labor market holds that unemployment in the economy consists of frictional and structural unemployment.

▸ true

▸ false

Question 2.

Classical economists believe that economic policies are ineffective because they don't affect aggregate demand in the economy.

▸ true

▸ false

Textbook

Principles of Economics

Edition: 12^th

Authors: Case, Fair, Oster

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Antoinette12

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More solutions for this book are available here

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Begonia Author

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Correct

cartoon

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Thanks for your help!!

patod1

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Thanks

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