Answered step by step

Verified Expert Solution

Link Copied!

Question

...

1 Approved Answer

Posted on Jul 07, 2024

According to classical economists, full employment A. is impossible because the economy is unstable. B. is only possible through government intervention. C. is normal in

According to classical economists, full employment

A. is impossible because the economy is unstable.

B. is only possible through government intervention.

C. is normal in a stable market economy.

D. is represented by the horizontal aggregate supply curve.

E. can only be achieved when there is no unemployment of resources in the economy.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Cost Management Measuring Monitoring And Motivating Performance

Authors: Leslie G. Eldenburg, Susan Wolcott, Liang Hsuan Chen, Gail Cook

2nd Canadian Edition

9781118168875

Students also viewed these Economics questions

Question

5.3 What can information technology contribute to performance appraisal? Will it make the process more objective? Will it help in making feedback more acceptable? What are the dark side aspects?

Answered: 1 week ago

Question

★★★★★

The county collector of Sun coast County is responsible for collecting all property taxes levied by funds and governments within the boundaries of the county. To reimburse the county for estimated...

Answered: 1 week ago

Question

★★★★★

Topic: Car Rental System website (HTML/CSS/JAVA SCRIPT) Input: The user must Register/login to proceed (email & password). Provide: 1.Date/Time to pick up. 2.Date/Time to return. 3.Car to choose...

Answered: 1 week ago

Question

★★★★★

File Home Insert Draw Page Layout Formulas Data Review View Help 2. X Merriweather 12 A A Wrap Text Currency Paste BIU + A Merge & Center 4 $ % 9 12 Alignment 19 Number Undo Clipboard Font 89 EX fx...

Answered: 1 week ago

Question

★★★★★

We live in the industrial era 4.0. This era is marked by the rapid development of the internet which makes it easy for anyone to access various types of online gambling. What are the basic values in...

Answered: 1 week ago

Question

★★★★★

Innovation and Strategic Posture FOR NETFLIX: The process of innovation include improving products and actions inside and outside of the organization for all stakeholders. Therefore, the management...

Answered: 1 week ago

Question

★★★★★

It was 1989, a beautiful fall day in San Francisco. The World Series was just getting underway in Candlestick Park; and then, the ground began to shake! Across the city, a banquet was just getting...

Answered: 1 week ago

Question

★★★★★

Canada Importers is a Canadian firm based out of Mississauga Ontario. It was founded in 1979 and imports many different types of products. The company is looking to expand and has found that there is...

Answered: 1 week ago

Question

★★★★★

4. The data below pertains to the earnings of Juan Manuel for the week ended June 15, 2020: 3 points Hours and rate Earnings to date Overtime rate 42 hours worked at P40/hr P14.00 1 and times the...

Answered: 1 week ago

Previous Question Next Question