Multiple Choice
The main avenue by which a temporary change in government purchases in the classical model affects the labor supply is by
A) changing the population.
B) affecting the value of the stock market.
C) increasing business confidence.
D) affecting workers' wealth.
Correct Answer:
Verified
Correct Answer:
Verified
Q87: The formula Y / (K<sup>aN</sup><sup>1</sup><sup>-a</sup>)provides a calculation
Q88: According to the misperceptions theory,when P <
Q89: According to classical economists,unemployment rises in recessions
Q90: Reverse causation is the idea that<br>A)current increases
Q91: An adverse supply shock would directly _
Q93: Friedman and Schwarz argue that money is
Q94: Labor hoarding occurs when<br>A)firms keep good workers
Q95: According to the misperceptions theory,after an unanticipated
Q96: Why do many economists believe that money
Q97: If producers believe that the increase in