Examlex

Solved

In the Classical Model, What Adjusts to Eliminate Any Unemployment

question 149

Multiple Choice

In the classical model, what adjusts to eliminate any unemployment of labor in the economy?


Definitions:

Self-Serving Bias

Self-serving bias is the tendency to attribute positive events to one's own character but attribute negative events to external factors, often serving to maintain one's self-esteem.

Independence

The state or quality of being self-reliant and not subject to external control or support.

Big Five Personality Factors

A model describing human personality through five broad dimensions: openness, conscientiousness, extraversion, agreeableness, and neuroticism.

Self-Serving Bias

is a cognitive bias where individuals attribute positive outcomes to their own actions and negative outcomes to external factors.

Related Questions