Classical economists believed that prices, wage rates, and interest rates were slow to change.
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Q142: To understand the paradox of thrift, it
Q143: The slope of the saving schedule is
A)
Q144: Because the private and foreign sectors of
Q145: The marginal propensity to consume plus the
Q146: If income rises from $10,000 to $20,000
Q148: A criticism of Keynesian policies is that
Q149: Adding the investment schedule to the consumption
Q150: (Table) The following table shows data on
Q151: Increases in taxes result in increased consumption
Q152: What share of U.S. GDP is consumption?
A)
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