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In the Neoclassical Model , unemployment is likely to be associated with: A)excess demand in the labour market. B)excess demand in the bond market. C)excess
In theNeoclassical Model, unemployment is likely to be associated with:
A)excess demand in the labour market.
B)excess demand in the bond market.
C)excess demand in the product market.
D)excess spending by the government on wasteful programs.
E)None of the above.
Can you explain how I would arrive at the solution of this question (and ideally why the others are wrong)?
I am always so confused with these kinds of questions, all the answers seem to be the same...
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