All of the following were classical economists EXCEPT

The implicit GDP deflator is

A) nominal GDP divided by real GDP. B) nominal GDP times real GDP. C) real GDP divided by nominal GDP. D) the zero economic growth society.

A large business finds it __________ than a small business to pursue secretly a high-risk investment in violation of the terms of its loan agreement, and so the large business is __________ beset by the moral hazard problem

A) more difficult; more B) more difficult; less C) easier; more D) easier; less