Explain why even an efficiently functioning economic system will have some unemployed resources.

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Macroeconomics Private And Public Choice

ISBN: 9780357134009

17th Edition

Authors: James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

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Question Posted: Oct 06, 2023 06:37 AM

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Explain why even an efficiently functioning economic system will have some unemployed resources.

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Even an efficiently functioning economic system will have some unemployed resources because of the f...View the full answer

Macroeconomics Private And Public Choice

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