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★ѕραndavir ★ѕραndavir
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6 years ago
In the "non-market-clearing model" the level of final goods sales and unemployment during a recession are
A) the result of interactions between supply and demand.
B) higher than would be the case in a market clearing model.
C) caused by the rapid adjustment of prices and wages.
D) the result of wage and price rigidities.
Textbook 
Macroeconomics

Macroeconomics


Edition: 12th
Author:
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thecromthecrom
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6 years ago
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5 years ago
You literally helped me pass my economics class!
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