In the view of the Classical economists, rising aggregate demand leads to
A) lower unemployment.
B) inflation.
C) higher unemployment.
D) deflation.
B
Economics
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It has been estimated that the marginal propensity to consume out of tax rebate money is around 1/3
a. True b. False Indicate whether the statement is true or false
Economics
Which of the following is not included in the rules of the game?
a. The laws, customs, conventions, and other institutional elements associated with trade b. Property rights c. Ensuring that the market process generates a fair price for all d. A stable political environment e. A stable legal system
Economics