Multiple Choice
One of the most important views expressed by classical macroeconomists was that:
A) Wages and prices are inflexible
B) Wages and prices are always rising
C) Demand creates its own supply
D) Supply creates its own demand
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q9: When a private closed economy is at
Q92: The difference between the investment demand curve
Q93: The table shows a consumption schedule. All
Q94: In the aggregate expenditure model, which of
Q95: A tax-cut will have a greater effect
Q99: All figures in the table below are
Q100: An economy characterized by high unemployment is
Q101: If GDP exceeds aggregate expenditures in a
Q102: The table shows a private open economy.
Q120: A downward-sloping investment demand curve and a