Author Question: According to the classical economists, which of the following would make prolonged unemployment ... (Read 77 times)

tuffie · **on:** Jun 30, 2018

According to the classical economists, which of the following would make prolonged unemployment impossible?
a. Flexible prices, wages, and interest rates.
b. Activist government policies.
c. Stable investment demand.
d. A steadily growing money supply.

Question 2

A tax where wealthy people pay a larger percentage of their income than poor people is known as a(n):
a. excise tax.
b. flat tax.
c. proportional tax.
d. progressive tax.
e. regressive tax.