According to Say's Law,all goods produced will be sold:
A) As long as the government establishes the correct price.
B) Because technology is constantly improving.
C) If prices are flexible and free to change.
D) If trade barriers protect domestic production.
Correct Answer:
Verified
Q15: The Classical approach dominated economic policy during:
A)
Q16: Which of the following is necessary for
Q17: Self-adjustment of markets is assumed in:
A) Classical
Q18: Which theories of the economy lead to
Q19: Say's Law is consistent with the _
Q21: Which of the following is an example
Q22: A critical macroeconomic controversy is whether a
Q23: According to Keynes:
A) Small disturbances in prices
Q24: The aggregate demand curve is:
A) Vertical.
B) Horizontal.
C)
Q25: Unlike the Classical economists,Keynes asserted that:
A) Laissez-faire
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