Multiple Choice
In the neoclassical view of the macroeconomy, if capitalists find they are unable to sell all of their goods
A) they will continue to produce at current levels but will reduce their prices to sell more goods.
B) they will maintain prices and put unsold goods into inventories.
C) they will cut back on production and lower prices.
D) they will cut back on production but maintain current prices to cover costs.
Correct Answer:
Verified
Correct Answer:
Verified
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