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Using graphs and words, outline the self-adjusting mechanism that in the neoclassicalare the conditions for the operation of the self-adjusting mechanism? What are thepolicy implications

  1. Using graphs and words, outline the self-adjusting mechanism that in the neoclassicalare the conditions for the operation of the self-adjusting mechanism? What are thepolicy implications of the neoclassical theory?view endows market systems with an automatic tendency to full employment. What are thepolicy implications of the neoclassical theory?

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