Selected answer john stuart mill question 4 in a free

This preview shows page 2 - 4 out of 6 pages.

Question 4In a free market, wealth and income are
Question 5The quantity theory of money argues that an increase in money supply will
Question 6What is Say’s Identity?
Question 7In defending Say’s law, who argued that “Men err in their productions” and “there isno deficiency of demand”?
Question 8According to classical economics, how to keep the actual wages above the subsistencelevel?
Question 9The quantity theorists argued that a rapid increase in the quantity of money will cause
1.5 out of 1.5 points1.5 out of 1.5 points1.5 out of 1.5 points1.5 out of 1.5 points1.5 out of 1.5 points1.5 out of 1.5 points
5/27/17, 2(13 PMReview Test Submission: Test 2 – 201730 Summer 2017 ECON...Page 3 of 6…1&course_id=_364033_1&content_id=_17197177_1&return_content=1&step=
Question 10What is the main concern of classical economics?
Question 11Which of the following propositions of Say’s Law is in dispute among economistsduring the classical period?
Question 12A series of budgetary surpluses would be invested by the government and the interestand principal would be used to retire the national debt is the theory of

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture