This topic contains a solution. Click here to go to the answer

Author Question: The condition of fully flexible wages and prices was assumed by A) no economists. B) the ... (Read 96 times)

Anajune7

  • Hero Member
  • *****
  • Posts: 574
The condition of fully flexible wages and prices was assumed by
 
  A) no economists. B) the classical economists.
  C) modern economists. D) the Keynesian economists.

Question 2

Other things being equal, an increase in consumption spending implies
 
  A) a decline in saving. B) that economic growth will soon increase.
  C) a higher standard of living in the future. D) a decline in government spending.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

bfulkerson77

  • Sr. Member
  • ****
  • Posts: 331
Answer to Question 1

B

Answer to Question 2

A




Anajune7

  • Member
  • Posts: 574
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review


T4T

  • Member
  • Posts: 348
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

It is believed that humans initially contracted crabs from gorillas about 3 million years ago from either sleeping in gorilla nests or eating the apes.

Did you know?

Signs and symptoms of a drug overdose include losing consciousness, fever or sweating, breathing problems, abnormal pulse, and changes in skin color.

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

Did you know?

Approximately one in three babies in the United States is now delivered by cesarean section. The number of cesarean sections in the United States has risen 46% since 1996.

Did you know?

Cyanide works by making the human body unable to use oxygen.

For a complete list of videos, visit our video library