Inflation means that: O prices in the aggregate are rising, although some particular prices may be falling O all prices are rising and at the same rate. all prices are rising, but at different rates. O real incomes are rising.
At equilibrium GDP: savings does not equal investment, but aggregate demand = aggregate supply. savings = investment and aggregate demand = aggregate supply. = savings = investment, but aggregate demand does not equal aggregate supply. savings does not equal investment and aggregate demand does not equal aggregate supply.
Laissez-fair economics was advocated by: O Keynes, but not by the classicals. O neither Keynes nor the classicals. the classicals, but not by Keynes. O both Keynes and the classicals.
Inflation means that: O prices in the aggregate are rising, although some particular prices may be falling O all prices
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Inflation means that: O prices in the aggregate are rising, although some particular prices may be falling O all prices
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