The claim within classical that economics that the level of aggregate demand will be sufficient to absorb the full employment level of output produced is known as: (a) Wagner’s law; (b) An Invisible hand outcome; (c) Say's Law (d) A liquidity trap; Which is correct?
The claim within classical that economics that the level of aggregate demand will be sufficient to absorb the full employment level of output produced is known as: (a) Wagner’s law; (b) An Invisible hand outcome; (c) Say's Law (d) A liquidity trap; Which is correct?
Chapter14: Aggregate Demand And Supply
Section: Chapter Questions
Problem 17SQ
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The claim within classical that economics that the level of aggregate
(a) Wagner’s law;
(b) An Invisible hand outcome;
(c) Say's Law
(d) A liquidity trap;
Which is correct?
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