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Home Q & A Board Other Fields Homework Help Business Economics
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Chako Chako
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8 years ago
Why is the economy at full employment in the long run?
A) Wages and the price level eventually adjust to full employment equilibrium levels.
B) Only price can adjust.
C) Prices don't adjust.
D) Only wages have the ability to adjust.
E) Government policies eventually converge on the full employment strategy.
Textbook 
International Economics: Theory and Policy

International Economics: Theory and Policy


Edition: 10th
Author:
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machukianmachukian
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#1
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8 years ago
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Chako Author
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#2
8 years ago
Makes a lot of sense, and you're right.. I appreciate the input
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#3
7 years ago
Don't forget to vote my answer as best Nerd Face
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