Multiple Choice
Most economists believe that classical macroeconomic theory is a good description of the world
A) in neither the short nor long run.
B) in the short run and in the long run.
C) in the short run, but not in the long run.
D) in the long run, but not in the short run.
Correct Answer:
Verified
Correct Answer:
Verified
Q13: If businesses in general decide that they
Q16: The aggregate supply curve is upward sloping
Q45: The aggregate demand and aggregate supply model
Q74: Other things the same,when the price level
Q135: Other things the same,as the price level
Q216: Which of the following would shift the
Q217: Other things the same,when the price level
Q220: Suppose the economy is in long-run equilibrium.If
Q223: Other things the same,a fall in the
Q300: Most economists use the aggregate demand and