Q: How many economists does it take to screw in a light bulb? A: None. If the light bulb really needed changing, market forces would have already caused it to happen. This joke represents the view of
A) classical economists.
B) Keynesian economists.
C) economists who conclude that money illusion is widespread.
D) economists who conclude that wages and prices are inflexible.
Question 2
Which of the following would cause a change in the quantity demanded of a product?
A) a higher price
B) a higher income
C) expectations of future price increases
D) All of the above are correct.
Use the test light to check for voltage at terminal 30 of the relay. The ignition may have to be in ...
Peptide Arrays - light-directed, spatially patterned oligopeptide synthesis
Evaluation of light touch
A very light ideal spring stretches by when it is used to hang a 135-N object. What is the ...
A monochromatic beam of light of wavelength 600 nm is incident normally on a diffraction ...