True/False
Wage flexibility is one of the conditions necessary for an economy to be able to bring itself out of a recessionary gap.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q40: Which of the following is false?<br>A) Economists
Q41: Economists who believe in complete crowding out
Q42: There are economists who believe that some
Q43: Suppose the tax multiplier is 2.7.Assuming prices
Q44: Economists who view the AS curve as
Q46: Suppose that a $114 billion increase in
Q47: If the (average)tax rate is cut by
Q48: Economist A believes that the elasticity of
Q49: With respect to monetary policy,some economists argue
Q50: Economist Z believes that the government spending