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Home -› Economics
-› Environmental Economics Dictionary
-› Classical Unemployment
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Social Science Categories
| Definition Of: | ||
Classical Unemployment
unemployment that results from too-high real wages; it occurs in the supply constrained equilibrium, so that rightwards shifts in aggregate supply reduce the level of unemployment
See also: Intergenerational Equity , Fixed Inputs , Prospect Theory , Shadow Prices , Compensating Wage Differentials |
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Environmental Economics Dictionary INDEX:List of Terms: Terms beginning with "A", Page 1 |
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Page Number:
1 A: Page 1 of 1. |
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