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Author Question: Which of the following is a negative effect of economic growth? A) higher inflation B) ... (Read 63 times)

ec501234

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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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Answer to Question 1

B

Answer to Question 2

B




ec501234

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


Jossy

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Reply 3 on: Yesterday
Excellent

 

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