A critical macroeconomic controversy is whether a market economy is inherently:
A) Stable or unstable.
B) Fair or unfair.
C) Corrupt or uncorrupt.
D) Equitable or inequitable.
Correct Answer:
Verified
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 _
Q20: According to Say's Law,all goods produced will
Q21: Which of the following is an example
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
Q26: Ceteris paribus,based on the real balances effect,if
Q27: The value of output in constant prices
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