Classical economists believe that:
a. wage ,price, and interest rates are inflexible
b. wage, price, and interest rates are flexible.
c. fiscal policy should be used to stabilize the economy.
d. monetary policy should be used to stabilize the economy.
b
Economics
You might also like to view...
Why did the money supply fall during the Great Depression?
a. The monetary base fell throughout the Great Depression. b. The amount of currency fell during the Great Depression. c. The ratio of currency/deposits fell during the Great Depression. d. The money multipier rose during the Great Depression. e. None of the above.
Economics
Productive efficiency implies
What will be an ideal response?
Economics