Which concept springs to mind when thinking of the classical model?
a. Inflation.
b. Population growth.
c. Markets clear.
d. The microeconomy.
e. Money supply.
C
You might also like to view...
The majority of dollars spent by government prior to the Great Depression was spending at the ________. In the post World War II period, two-thirds to three quarters of all dollars spent by government in the United States are spent at the ________
A) federal level; state and local levels B) local level; state level C) state and local levels; federal level D) state and local levels; state level
Almost all economists agree that rent control
a. has no effect on the rental income of landlords. b. allows the market for housing to work more efficiently. c. adversely affects the availability and quality of housing. d. is a very inexpensive way to help the most needy members of society.