The classical model uses the assumption that A) all wages and prices

The classical model uses the assumption that

A) all wages and prices are flexible.
B) interest rates are not flexible.
C) monopoly is widespread in the economy.
D) economic markets are fragile and have no tendency to move towards an equilibrium.

 

ANSWER

A

Expert paper writers are just a few clicks away

Place an order in 3 easy steps. Takes less than 5 mins.

Calculate the price of your order

You will get a personal manager and a discount.
We'll send you the first draft for approval by at
Total price:
$0.00