If You Asked a Classical Economist Which Economic Time Frame

question 55

Multiple Choice

If you asked a classical economist which economic time frame he or she prioritized,how might he or she respond?

• A) "Prices tend to be sticky when supply or demand changes."
• B) "Savings is a drain on aggregate demand."
• C) "The economy tends toward instability and cyclical unemployment."
• D) "The long run is key."
• E) "The short run is key."

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The legal ethical requirement that lawyers maintain the knowledge, skill, and ability to provide competent representation to their clients.

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