This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: According to the Classical economists, the economy (Read 83 times)

saraeharris

  • Hero Member
  • *****
  • Posts: 546
on: Apr 19, 2019

Question 1

According to Classical economists, if the quantity of labor demanded exceeds the quantity supplied, there is a


◦ surplus of labor and wages will rise.
◦ shortage of labor and wages will fall.
◦ shortage of labor and wages will rise.
◦ surplus of labor and wages will fall.

Question 2

According to the Classical economists, the economy


◦ requires fine-tuning to reach full employment.
◦ has sticky prices in many industries.
◦ is self-correcting.
◦ will never be at full employment.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by saraeharris on Apr 19, 2019

joneynes

  • Sr. Member
  • ****
  • Posts: 376
Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 25% of students answer this correctly


saraeharris

  • Hero Member
  • *****
  • Posts: 546
Reply #2 on: Apr 19, 2019
TY


joneynes

  • Sr. Member
  • ****
  • Posts: 376
Reply #3 on: Apr 19, 2019
You're welcome


« previous next »
 

Did you know?

Eating food that has been cooked with poppy seeds may cause you to fail a drug screening test, because the seeds contain enough opiate alkaloids to register as a positive.

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

Did you know?

People about to have surgery must tell their health care providers about all supplements they take.

Did you know?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

Did you know?

The human body produces and destroys 15 million blood cells every second.

Major trunk lines carrying long-distance traffic crisscrossed the area east of the Mississippi. The Major trunk lines carrying long-distance traffic crisscrossed the area east of the Mississippi. The
The answer to “What is the proper role of children in an economy?” varies by social class, ... The answer to “What is the proper role of children in an economy?” varies by social class, ...
Pavlov’s Original Classical Conditioning Procedure Pavlov’s Original Classical Conditioning Procedure
A Classical Conditioning Procedure Outside the Laboratory A Classical Conditioning Procedure Outside the Laboratory
Creating a Continental Economy Creating a Continental Economy
The Power of Classical Conditioning The Power of Classical Conditioning
Video: Net filtration pressure and lymph formation, edema & blood velocity

For a complete list of videos, visit our video library