According to Classical economists, ________ unemployment does not persist in the economy because wag

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According to Classical economists, ________ unemployment does not persist in the economy because wag

According to Classical economists, ________ unemployment does not persist in the economy because wages will always adjust to ensure equilibrium in the labor market.
A) structural
B) the natural rate of
C) frictional
D) excessive

Textbook

Principles of Macroeconomics

Edition: 11^th

Authors: Case, Fair, Oster

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