The economists who emphasised wage flexibility as a solution for unemployment were ?

Related Mcqs:

Prices that do not always adjust rapidly to maintain equality between quantity supplied and quantity demanded are ?

A. market prices B. sticky prices C. fixed prices D. regulatory prices...

A group of modern economists who believe that institutional factors and confidence strongly influence business behaviour and that expanding demand will usually increase output rather than prices are the ?

A. monetarists. B. keynesians C. post-keynesians D. new classical school...

According to classical models, the level of employment is determined primarily by ?

A. the level of aggregate demand for goods and services. B. prices and wages C. interest rates D. the quantity of money...

According of Keynes, the level of employment is determined by ?

A. the behaviour of trade unions. B. the quantity of money C. price and wages D. the level of aggregate demand for goods and services...

The nation that the government can establish the macroeconomic is known as ?

A. fine tuning B. monestarism C. microeconomics foundations of macroeconomics D. the classical model...