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According to Say's Law,prolonged Unemployment Is Impossible in the Long-Term

question 34

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According to Say's law,prolonged unemployment is impossible in the long-term classical model.


Definitions:

Half-Lives

The time required for a quantity to reduce to half its initial value, commonly used in the context of radioactive decay.

Half-Life

The time required for half of the atoms in a sample of a radioactive substance to undergo radioactive decay.

Half-Life

The time required for half the atoms of a radioactive substance to disintegrate or for a substance to reduce to half its initial value.

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