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Author Question: Which of the following did classical economists believe caused depressions and high unemployment? ... (Read 36 times)

segrsyd

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on: Jun 30, 2018
Which of the following did classical economists believe caused depressions and high unemployment?
 a. Sticky product prices
  b. Tax increases
 c. Business expectations
  d. Sticky wages
 e. Sticky interest rates

Question 2

The circular flow model shows the flow of:
 a. money in the economy.
 b. financial assets in the economy.
 c. goods and services in the product market.
 d. resources and money in the economy.
 e. resources through the resource markets and their allocation in the product market.


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trog

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

b

Answer to Question 2

d


segrsyd

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  • Posts: 530
Reply 2 on: Jun 30, 2018
Wow, this really help

strudel15

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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