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Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559 Exercise 21
Circle the letter that corresponds to the best answer. Each of the following supports the classical theory of employment except ________.
A) Say's law
B) wage-price flexibility
C) the interest rate mechanism
D) government spending programs
A) Say's law
B) wage-price flexibility
C) the interest rate mechanism
D) government spending programs
Explanation
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Given that option (a) is Say's law, whic...
Macroeconomics 11th Edition by Stephen Slavin
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