Market-clearing theories of the labour market feature ________ wages,and thus involuntary unemployment ________.
A) perfectly flexible; exists
B) sticky; does not exist
C) sticky; exists
D) perfectly flexible; does not exist
Correct Answer:
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Q32: The labour market in the diagram below
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Q35: The table below provides hypothetical unemployment,employment,and labour
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Q38: Market-clearing theories of the labour market assume
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