In the "Non-Market-Clearing Model" the Level of Final Goods Sales

question 142

Multiple Choice

In the "non-market-clearing model" the level of final goods sales and unemployment during a recession are

• A)the result of interactions between supply and demand.
• B)higher than would be the case in a market clearing model.
• C)caused by the rapid adjustment of prices and wages.
• D)the result of wage and price rigidities.

---

Definitions:

Racial-Ethnic Families

Family units identified by a combination of racial and ethnic characteristics, highlighting diversity in family forms and practices.

Traditional

Adhering to long-established practices, customs, or beliefs.

Homosexual Behavior

Homosexual behavior encompasses romantic or sexual activities between individuals of the same sex.

Homosexuals

Individuals who are romantically or sexually attracted to people of the same gender.