According to the Classical Dichotomy,which of the Following Is Influenced

question 23

Multiple Choice

According to the classical dichotomy,which of the following is influenced by monetary factors?

• A)nominal wages
• B)unemployment
• C)real GDP
• D)All of the above are correct.

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Definitions:

Unfair

An action or situation marked by injustice, partiality, or deception, often violating ethical standards.

Unenforceable

Pertaining to a contract or clause that is not legally binding and cannot be upheld by a court of law due to certain legal deficiencies.

Bank Robbery

The illegal act of stealing money or assets from a bank while it is open for business.

Implied-In-Fact Contract

A contract implied by direct or indirect acts of the parties.