To Classical Economists,it Is Always True That

question 49

Multiple Choice

To classical economists,it is always true that

• A)there is zero unemployment.
• B)actual output is always equal to potential output.
• C)excess demand for goods is possible unless prices are forced to fall.
• D)the marginal product of labor exceeds the real wage.

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Definitions:

Oral Temperature

The body temperature as measured by a thermometer placed in the mouth, often reflecting the body's core temperature.

Notify

To formally alert or inform someone about something, typically requiring attention or action.

Primary Care Provider

A healthcare professional who acts as the first point of consultation for all patients within the healthcare system.

Hypertension

A chronic medical condition where the blood pressure in the arteries is persistently elevated, increasing the risk of heart, brain, kidney, and other diseases.