Those economists who believe that the economy is self-regulating argue that wages are flexible,so they think that the economy can remove itself from a recessionary gap without government intervention.

Question

Quizplus · Accepted Answer

Economists who believe in the self-regulating nature of the economy argue that wages are flexible and adjust to market conditions, which allows the economy to eventually recover from a recessionary gap on its own without government intervention.

Those Economists Who Believe That the Economy Is Self-Regulating Argue