classical model, Macroeconomics

using a graph of the classical labour market, illustrate the effects of a real wage existing in the market that is lower than the equilibruim real wage.what will eventually happen in this labour market if it is perfectly competitive
Posted Date: 10/7/2012 8:58:15 AM | Location : United States







Related Discussions:- classical model, Assignment Help, Ask Question on classical model, Get Answer, Expert's Help, classical model Discussions

Write discussion on classical model
Your posts are moderated
Related Questions
Illustrate the circular flow of income and expenditure according to their models ( classical and keynesian)

Composition and Direction of Trade: The impact of trade reforms can be observed from the changing structure of India's  foreign  trade in  terms of diversity  of  production

After some consultants point out that the Acme Toy Company has two bottlenecks in its production of xylophones and yo-yos. The first is a critical grinding machine that only has 9


The exante real interest rate is based on _____ inflation, while the ex post real interest rate is based on _____ inflation. A) expected; actual B) core; actual C) actual;

Since their inception, VAR models have been at the centre of many controversies associated with econometric modelling. The recurring criticism throughout history is due to the mode

I will need to upload a file as the questions are bit too long to type


In 1 to 2 sentences respond to the following comment. "Pollution restrictions will reduce gross domestic product and therefore hurt the economy."

what do we mean when we say export are exogenous and import are endogeneos?