According to the Classical Economists,if There Were Substantial Unemployment,there Would

question 33

Short Answer

According to the classical economists,if there were substantial unemployment,there would be a fall in ____,____,and ____.

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Definitions:

Frustration-Regression Principle

A concept from the field of psychology suggesting that when an individual's progress toward a goal is blocked, they may regress to previously held behaviors.

Hygiene Factor

A concept in Herzberg's motivation theory, referring to factors that can cause dissatisfaction if missing but do not necessarily motivate if increased or improved.

Interpersonal Relations

The way in which two or more people interact and communicate with each other in various settings.

Hackman-Oldham Job Enrichment Model

A theory that suggests work can be more satisfying by increasing job responsibility, achievement opportunities, and growth.