Solved

Which of the Following Is Not Part of Classical Economic

Question 89

Multiple Choice

Which of the following is not part of classical economic theory?


A) Saving depends upon the rate of interest.
B) Full employment is the norm in laissez-faire capitalism.
C) Wages and prices are inflexible downward.
D) The equilibrium interest rate equals saving and investment.
E) Supply creates its own demand.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents