According to the new classical economics, predictable changes in aggregate demand
a. affect the level of real output.
b. will not affect the level of real output.
c. may or may not affect the level of real output.
d. None of the above
B
Economics
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The ________ refers to the situation when people are promoted beyond their level of competence
a. Peter Principle b. Abernathy Principle c. Delaney Principle d. Suskind Principle
Economics
A marginal change usually is a
a. change that involves little, if anything, that is important. b. large, significant adjustment. c. change for the worse, and so it is usually a short-term change. d. small, incremental adjustment.
Economics