1 classical economists held the view thata demand creates, Ask an Expert

Economics

1. Classical economists held the view that:

A. demand creates its own supply

B. unemployment was temporary and soon eliminated

C. there was an imbalance between saving and investment

D. it is difficult for an economy to adjust because wages and prices are inflexible.

2. If a nation imports more than it exports, then its balance of trade is:

A. positive

B. negative

C. zero

D. unstable

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91949615

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