Question
Which school of thought believed that long-run equilibrium occurs automatically and is the normal state of affairs in a market economy? a. Keynesians b. Neo-classicists
Which school of thought believed that long-run equilibrium occurs automatically and is the normal state of affairs in a market economy?
a.
Keynesians
b.
Neo-classicists
c.
Supply-siders
d.
Symbolic analysts
Which of the following beliefs is neoclassical theory built on?
a.
The rigidness of prices.
b.
The rigidness of interest rates
c.
The rejection of Say's Law
d.
The flexibility of wages
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Survey of Accounting
Authors: Edmonds, old, Mcnair, Tsay
2nd edition
9780077392659, 978-0-07-73417, 77392655, 0-07-734177-5, 73379557, 978-0073379555
