In Regard to the Macroeconomy,it Is Believed by Classical Economists

question 16

Multiple Choice

In regard to the macroeconomy,it is believed by classical economists that

• A) prices are flexible.
• B) the market tends toward instability and cyclical unemployment.
• C) savings is a drain on demand.
• D) aggregate demand is more significant than aggregate supply.
• E) the economy needs help in moving back to full employment.

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Definitions:

Rhizarians

A group of mostly unicellular eukaryotic organisms, characterized by their amoeba-like cell structure, often possessing elaborate shell-like coverings.

Representative Clade

A group of organisms that includes an ancestor and all its descendants, representing a single branch on the tree of life.

Supergroup

In biological classification, a grouping that is higher than a kingdom, incorporating a vast array of life forms based on genetic similarities and evolutionary relationships.

Cellular Slime Molds

Organisms that exist as individual amoeboid cells but can aggregate to form multicellular reproductive structures under certain conditions.