One of the most important views expressed by classical macroeconomists was that:

A. Wages and prices are inflexible
B. Wages and prices are always rising
C. Demand creates its own supply
D. Supply creates its own demand

D. Supply creates its own demand

Economics

If aggregate demand shifts outward, the result will be inflation

a. True b. False Indicate whether the statement is true or false

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Economics

How is state and local government funded and how does such funding differ from federal government funding?

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Economics