Which of the following is not a characteristic of the classical system?
a. temporary excess demand and supply in labor markets.
b. Price flexibility
c. Money wage flexibility
d. real values, not nominal values, matter
A
Economics
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When the expected dollar-euro exchange rate rises, the domestic dollar return curve shifts:
a. in. b. out. c. not at all. d. Not enough information is provided to answer the question.
Economics
Compare and contrast the marginal cost and average cost pricing rules for regulating natural monopolies
What will be an ideal response?
Economics