menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Macroeconomics Principles Study Set 1
  4. Exam
    Exam 8: Aggregate Expenditures
  5. Question
    Classical Economists Believed That the Forces of Supply and Demand
Solved

Classical Economists Believed That the Forces of Supply and Demand

Question 161

Question 161

True/False

Classical economists believed that the forces of supply and demand in the market would keep the economy at full employment.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q156: Personal consumption expenditures<br>A) constitute 30% of GDP.<br>B)

Q157: The largest component of aggregate expenditures is<br>A)

Q158: (Table) The table shows data on consumption

Q159: If there is no government and no

Q160: In the Keynesian aggregate expenditures model, prices

Q162: One of the determinants of investment is

Q163: (Figure: Simple Keynesian Model) In the figure,

Q164: Income rises when desired investment is<br>A) greater

Q165: Which expenditure component decreased the most between

Q166: Saving is zero when the economy is

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines