True/False
The lesser the resistance to price and wage changes, the swifter an economy will return to equilibrium.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q87: What is real wage?<br>A) The level of
Q88: Between 2001 and 2008, earnings growth in
Q89: The level of GDP associated with the
Q90: The trade off between unemployment and inflation
Q91: Which of the following correctly represents the
Q93: What are the views of the new
Q94: Through interest rates, there is a negative
Q95: When the short run GDP and the
Q96: Which of the following explains why an
Q97: Explain the real business cycle effect graphically.