Both the Classical and Monetarist Models Assume All of the Following

question 24

Multiple Choice

Both the classical and monetarist models assume all of the following except

• A)perfectly flexible prices.
• B)perfectly flexible wages.
• C)perfect information.
• D)vertical aggregate supply curve in the long-run.

---

Definitions:

ADHD

A neurodevelopmental condition, Attention Deficit Hyperactivity Disorder, manifests through lack of focus, high levels of activity, and impulse control issues.

Stimulant Medications

Drugs that increase activity in the brain and nervous system, often prescribed to treat conditions like ADHD and narcolepsy.

Vigilance

The action or state of keeping careful watch for possible danger or difficulties.

Parenting Styles

The systemic strategies and approaches parents use in raising their children, which significantly affect children's behavior and development.