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How did the classical economists interpret long-run unemployment?
Wiki User
∙ 12y ago
classical economists assumed that in an economy there can be no persistent situations of unemployment.an economy acheives its full employment level.since supply creates its own demand.that means that there is no excess demand in the economy.there is complete utilisation of resources and hence no one remains unemployed.
Wiki User
∙ 12y ago
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What has the author Alfonso Alba-Ramirez written?
Alfonso Alba-Ramirez has written: 'Jobfinding and wages when longrun unemployment is really long' -- subject(s): Effect of unemployment insurance on, Insurance, Unemployment, Statistics, Unemployed, Unemployment, Unemployment Insurance
What is the name of the framework directs government to avoid deficits?
longrun
In a perfectly competitive market do firms exhibit productive efficiency?
in the short-run they are not able to but in the longrun it can be attainerd as businesses want to lower their average costs!
Is chapstick poisonous?
Yes it is, as it contains ingredients in it, that in the longrun can be harmful to your body. It's pretty much common sense that you wouldn't eat it.
Can you be forced to give your child his fathers surname?
No the fact is that in the case of a dispute in the longrun it is up to the child to chose the name. in the mean time if you are charged with the child's rearing you can introduce it as you like.
Why do women go back to an abusive relationship?
Well, for one, they shouldn't go back at all, and if they do, they are asking for more abuse. Women go back because they are afraid of what might happen in the longrun.
Why does he say im the love of his life but treats me very bad?
BECAUSE YOUR NOT THE LOVE OF HIS LIFE. SOME MEN JUST DON'T KNOW HOW TO TREAT A LADY SO JUST MOVE ON AND YOU WILL THANK YOURSELF IN THE LONGRUN
What is the best pen ink for a permanent tattoo?
None, unless you want a hideous mark on you for the rest of your life. If you want a tattoo, go get one done by a professional. Yes it can be expensive, but it's forever. You'll thank yourself in the longrun.
Is 720 high definition good for a first camera?
This is a pretty poor question. Do you intend to shoot a lot of video? Is it a still camera or a camcorder? And the 720p ability is relatively minor in the longrun. So many other things matter so much more.
Can eating cornstarch from the box be harmful in the longrun?
Probably night, but it may constipate you! Too much of anything, even a good thing, can be harmful to your body. Having a craving to eat large amounts of cornstarch is a condition called Amylophagia. Talk to your doctor about it, there are treatments for it.
A technique by which the speed of the processor is scaled back to that it uses less power and creates less heat is called what?
In general, underclocking. Some specific types of underclocking include "dynamic frequency scaling", "CPU throttling", "SpeedStep ", "Cool'n'Quiet ", "PowerNow!", "Downclocking", "LongRun" and "LongHaul".
Is everyday masrubation is good for health?
No dude.Dont shag.In longrun it may create problems to your mind and body. You are losing creative power by shaging everyday.I know how it feels but sex is better to shag.And if you dont have sex you can concentrate on other activities.With shagging on long run you may become zero.Please think on it.
