最終更新日:2022/12/24
There can be Keynesian
and classical
unemployment. Indeed there can be both at the same time: the real wage might be too high to allow full employment with existing capital stock, while at the same time aggregate demand is inadequate to take off the market what firms would wish to produce. Changes in the real wage could have demand-side and supply-side effects.
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元となった例文
There
can
be
"Keynesian"
and
"classical"
unemployment.
Indeed
there
can
be
both
at
the
same
time:
the
real
wage
might
be
too
high
to
allow
full
employment
with
existing
capital
stock,
while
at
the
same
time
aggregate
demand
is
inadequate
to
take
off
the
market
what
firms
would
wish
to
produce.
Changes
in
the
real
wage
could
have
demand-side
and
supply-side
effects.