One tenet of classical economics is that A) the role of the governmen
One tenet of classical economics is that
A) the role of the government should be limited, since the market will always be self-correcting.
B) the government should set a minimum wage slightly above the natural market equilibrium rate.
C) the government should intervene whenever necessary to avoid any unemployment.
D) wages and prices are “sticky downward.”
ANSWER
A
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