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Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559 Exercise 61
According to the classical economists, how did Say's law, the interest rate mechanism, and downwardly flexible wages and prices ensure that recessions would cure themselves?
Explanation
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Classical economists believed that the e...
Macroeconomics 11th Edition by Stephen Slavin
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