Reaching an efficient bargain is difficult when the

Recall the Application about the price and supply of blueberries to answer the following question(s).According to the Application, as the quantity of blueberries demanded increases, prices ________ in the short run and ________ as supply catches up with demand.

A. rise; stabilize B. fall; stabilize C. rise; fall D. fall; rise

Classical economists argued that

A. a flexible interest rate would make saving equal to investment. B. workers had money illusion. C. there would always be an excess of saving over investment. D. excess savings would create unemployment.