In classical theory of employment, there is the possibility of:
A)Voluntary unemployment
B)No unemployment
C)Involuntary unemployment
D)Disguised unemployment

Name: In classical theory of employment, there is the possibility of: A)Voluntary unemployment B)No unemployment C)Involuntary unemployment D)Disguised unemployment
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Quizplus · Accepted Answer

In classical theory, unemployment is considered voluntary as it assumes that the labor market is always in equilibrium due to wage flexibility.

In Classical Theory of Employment, There Is the Possibility Of