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Author Question: Which of the following is a negative effect of economic growth? A) higher inflation B) ... (Read 60 times)

ec501234

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on: Jun 30, 2018
Which of the following is a negative effect of economic growth?
 
  A) higher inflation B) environmental pollution
  C) higher unemployment D) all of the above

Question 2

All the following are assumptions of the classical model EXCEPT
 
  A) pure competition exists.
  B) buyers and sellers react to nominal money prices rather than to relative prices.
  C) wages and prices are flexible.
  D) people are motivated by self-interest.


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Qarqy

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Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

B


ec501234

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

deja

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Reply 3 on: Yesterday
Excellent

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