
Economics for Today 9th Edition by Irvin Tucker
Edition 9ISBN: 978-1305507111
Economics for Today 9th Edition by Irvin Tucker
Edition 9ISBN: 978-1305507111 Exercise 15
Classical economists believe that
A) wage, price, and interest rates are inflexible.
B) wage, price, and interest rates are flexible.
C) fiscal policy should be used to stabilize the economy.
D) monetary policy should be used to stabilize the economy.
A) wage, price, and interest rates are inflexible.
B) wage, price, and interest rates are flexible.
C) fiscal policy should be used to stabilize the economy.
D) monetary policy should be used to stabilize the economy.
Explanation
Classical economists believed in the fre...
Economics for Today 9th Edition by Irvin Tucker
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