A key element of the Conservative analysis is that prices and wages should be flexible.
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Q17: Historically, unemployment and inflation rates have generally
Q18: The Great Depression of the 1930s was
Q19: According to Say's Law, there should be
Q20: Laissez-faire conduct refers to government intervention only
Q21: According to Keynes, insufficient aggregate demand could
Q23: Radicals believe that overproduction stemmed from the
Q24: Conservatives claim that the expansion of government
Q25: Stagflation exists when prices rise and unemployment
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