Fixed investment refers to investment in stocks, bonds, and improvements to land

According to classical economists, when aggregate demand decreases

A) unemployment is reduced, the price level increases, and equilibrium real GDP is reached. B) unemployment is reduced, the price level decreases, and equilibrium real GDP is reached. C) unemployment temporarily increases, the price level increases, and equilibrium real GDP is reached. D) unemployment temporarily increases, the price level decreases, and equilibrium real GDP is reached.

The function of an entrepreneur is to: a. bear business risks

b. organize the other factors of production. c. innovate. d. do all of the above.