New Classical Theories of the Labour Market Argue That

New Classical theories of the labour market argue that

A) all unemployment is most easily corrected by government intervention in the economy.
B) competitive labour markets can be relied upon to eliminate all unemployment.
C) labour unions are necessary elements in reducing unemployment.
D) all unemployment arises from firms being unwilling to demand labour services.
E) labour markets will clear and involuntary unemployment will thereby be eliminated.