Which of the following is (are) correct? In the classical system,the suppliers of bonds were the
A) government which always sold bonds to finance a new project.
B) firms which financed all investment expenditures by selling bonds.
C) government which might sell bonds to finance spending in excess of tax revenues.
D) Both b and C
Correct Answer:
Verified
Q35: Which of the following statements applies to
Q36: In the classical theory of aggregate demand,a
Q37: In the classical model,less consumption and more
Q38: Supply-side economists
A)focus almost exclusively on the supply-side
Q39: Classical economists
A)argued that the money supply determined
Q41: In the classical model the interest rate
Q42: In the classical model,people hold money because
A)it
Q43: The increased willingness of women to enter
Q44: According to the classical model,money influences
A)only prices.
B)nominal
Q45: In the classical theory of aggregate demand,a
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