Classical economists believed that the economy automatically moves toward equilibrium at full ...

Author Question: Classical economists believed that the economy automatically moves toward equilibrium at full ... (Read 82 times)

luminitza

Hero Member
Posts: 555

on: Jun 30, 2018

Classical economists believed that the economy automatically moves toward equilibrium at full employment.
a. True
b. False
Indicate whether the statement is true or false

Question 2

A nation's aggregate expenditure decreases with an increase in imports, other things constant.
a. True
b. False
Indicate whether the statement is true or false

dmurph1496

Sr. Member
Posts: 343

Reply #1 on: Jun 30, 2018

Answer to Question 1

True

Answer to Question 2

True

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Author Question: Classical economists believed that the economy automatically moves toward equilibrium at full ... (Read 82 times)

luminitza

Classical economists believed that the economy automatically moves toward equilibrium at full ...

dmurph1496

Classical economists believed that the economy automatically moves toward equilibrium at full ...

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