
Macroeconomics 10th Edition by Roger Arnold
النسخة 10الرقم المعياري الدولي: 978-1111823016
Macroeconomics 10th Edition by Roger Arnold
النسخة 10الرقم المعياري الدولي: 978-1111823016 تمرين 8
Classical economists assumed that wage rates, prices, and interest rates are flexible and will adjust quickly. Consider an extreme case: Suppose classical economists believed that wage rates, prices, and interest rates will adjust instantaneously. What would the classical aggregate supply ( AS ) curve look like? Explain your answer.
التوضيح
• Classical economists believed that mos...
Macroeconomics 10th Edition by Roger Arnold
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