This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: According to the Classical economists, the economy (Read 31 times)

saraeharris

  • Hero Member
  • *****
  • Posts: 546
on: Apr 19, 2019

Question 1

According to Classical economists, if the quantity of labor demanded exceeds the quantity supplied, there is a


◦ surplus of labor and wages will rise.
◦ shortage of labor and wages will fall.
◦ shortage of labor and wages will rise.
◦ surplus of labor and wages will fall.

Question 2

According to the Classical economists, the economy


◦ requires fine-tuning to reach full employment.
◦ has sticky prices in many industries.
◦ is self-correcting.
◦ will never be at full employment.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by saraeharris on Apr 19, 2019

joneynes

  • Sr. Member
  • ****
  • Posts: 376
Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 25% of students answer this correctly


saraeharris

  • Hero Member
  • *****
  • Posts: 546
Reply #2 on: Apr 19, 2019
TY


joneynes

  • Sr. Member
  • ****
  • Posts: 376
Reply #3 on: Apr 19, 2019
You're welcome


« previous next »
 

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Did you know?

It is important to read food labels and choose foods with low cholesterol and saturated trans fat. You should limit saturated fat to no higher than 6% of daily calories.

Did you know?

After a vasectomy, it takes about 12 ejaculations to clear out sperm that were already beyond the blocked area.

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

This chart illustrates the four quadrants in which we can place the relationships between the state This chart illustrates the four quadrants in which we can place the relationships between the state
The answer to “What is the proper role of children in an economy?” varies by social class, ... The answer to “What is the proper role of children in an economy?” varies by social class, ...
Links to the World Economy Links to the World Economy
Japan’s Economy and Society Japan’s Economy and Society
Two classical models for the cooperative ligand binding by hemoglobin Two classical models for the cooperative ligand binding by hemoglobin
The Power of Classical Conditioning The Power of Classical Conditioning
Video: ETC Protein Complexes & Chemiosmosis (Total ATP Production and ATP Synthase)

For a complete list of videos, visit our video library