question archive In the context of new classical models, Walrasian general equilibrium means that _____
In the context of new classical models, Walrasian general equilibrium means that _____
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In the context of new classical models, Walrasian general equilibrium means that _____.
a. goods are always traded at equilibrium prices in all markets
b. voluntary unemployment cannot occur
c. no trade-off between inflation and unemployment is possible
d. money is always neutral
e. none of the above
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