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Author Question: Capital goods, like factories and machinery, are classified as intermediate goods. a. True b. ... (Read 94 times)

tuffie

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Capital goods, like factories and machinery, are classified as intermediate goods.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

The pre-Keynesian or classical economic theory predicted that in the long-run the economy would experience:
 a. long periods of high unemployment.
  b. rising rates of inflation.
  c. only temporary periods of high unemployment.
  d. idle factors of production.



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whitcassie

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Answer to Question 1

False

Answer to Question 2

c




tuffie

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Reply 2 on: Jun 30, 2018
Excellent


pangili4

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Reply 3 on: Yesterday
:D TYSM

 

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