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Author Question: The classical economists assumed that A) wages and prices were inflexible, especially downward. ... (Read 122 times)

CQXA

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on: Jun 30, 2018
The classical economists assumed that
 
  A) wages and prices were inflexible, especially downward.
  B) government intervention in the economic system was necessary and helpful.
  C) monopoly was widespread in the economy.
  D) wages and prices were flexible.

Question 2

Investment is
 
  A) spending by businesses on things which can be used to produce goods and services in the future.
  B) the production of goods for immediate satisfaction.
  C) the purchasing of stocks and mutual funds.
  D) goods bought by households.


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TheDev123

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

D

Answer to Question 2

A


CQXA

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

Viet Thy

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Reply 3 on: Yesterday
Excellent

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