The "Yes - Markets Self-Adjust" Camp Argues That a Negative

Multiple Choice

The "Yes - Markets Self-Adjust" camp argues that a negative demand shock results in

A) increased saving and rising interest rates.
B) decreased saving and rising interest rates.
C) rising output prices, reducing the excess supply of products and services.
D) falling wages, reducing the quantity of labour supplied.
E) rising wages, reducing the quantity of labour demanded.