Question 3 According to Classical Point of view Cyclical Unemployment might occur temporarily No answer text provided. O Unemployment will never happen O All goods supplied will be demanded at an unchanged price.

Economics:
10th Edition
ISBN:9781285859460
Author:BOYES, William
Publisher:BOYES, William
Chapter8: Macroeconomic Equilibrium: Aggregate Demand And Supply
Section: Chapter Questions
Problem 20E
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Question 3
According to Classical Point of view
O Cyclical Unemployment might occur temporarily
No answer text provided.
Unemployment will never happen
O All goods supplied will be demanded at an unchanged price.
Question 4
According to neoclassical economists, a graph of aggregate supply in long run appears:
Downward sloping
Vertical
O Upward sloping
O Horizontal
Transcribed Image Text:Question 3 According to Classical Point of view O Cyclical Unemployment might occur temporarily No answer text provided. Unemployment will never happen O All goods supplied will be demanded at an unchanged price. Question 4 According to neoclassical economists, a graph of aggregate supply in long run appears: Downward sloping Vertical O Upward sloping O Horizontal
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