Multiple Choice
According to classical economists,in recessions,not only does the unemployment rate increase,so does the
A) interest rate.
B) level of fiscal stimulus.
C) natural rate of unemployment.
D) level of potential output.
Correct Answer:

Verified
Correct Answer:
Verified
Q57: According to classical economists,unemployment exists because<br>A)it takes
Q58: Suppose the economy's production function is Y
Q59: Which of the following statements is true
Q60: Why doesn't stabilization policy work,according to economists
Q61: Romer and Romer found evidence that money
Q63: Given data on capital (K),labor (N),and output
Q64: Suppose the money demand of individuals and
Q65: Classical economists think that the government _
Q66: People increase their labor supply in response
Q67: According to the real business cycle theory,what