Which of the following statement relates to Classical Theory of Employment?
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2 marksMacroeconomicsClassical macroeconomicsThe classical labour market and employmentModerateabout 1 min
UGC-NET 2026 Question 45: Classical macroeconomics
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Classical macroeconomics has come up 35 times in 7 exams since 2008.
What this question tests
This question is on The classical labour market and employment, part of Classical macroeconomics in Macroeconomics.
How flexible wages clear the labour market and fix employment and output.
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