Why Do the Classical Economists Argue That Excessive Unemployment Won't

question 76

Essay

Why do the Classical economists argue that excessive unemployment won't persist in an economy for very long?

---

Definitions:

Pitch

The quality of a sound determined by the frequency of the sound waves, which translates to the highness or lowness of a tone.

Oscilloscope

An electronic test instrument that graphically displays varying signal voltages, usually as a two-dimensional plot of one or more signals as a function of time.

Sound Waves

Echoes that journey through air or alternative mediums, reaching a state of audibility when they approach an individual's or creature's ear.

Visible Waves

Electromagnetic waves that are visible to the human eye, essentially the spectrum of light that people can see.