Which of the following real-world phenomena does the classical model ignore?
A) Frictional unemployment
B) Inflation
C) Real output growth
D) Cyclical unemployment
E) Structural unemployment

Question

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The Answer of Which of the following real-world phenomena does the classical model ignore?
A) Frictional unemployment
B) Inflation
C) Real output growth
D) Cyclical unemployment
E) Structural unemployment

Which of the Following Real-World Phenomena Does the Classical Model