Since classical economists assume that most markets are efficient, they believe that a. prices will adjust quickly, impl
Posted: Fri Jul 01, 2022 8:14 am
Since classical economists assume that most markets areefficient, they believe that
a. prices will adjust quickly, implying that general equilibriumis attained relatively slowly.
b. prices will adjust slowly, implying that general equilibriumis attained relatively quickly.
c. prices will adjust slowly, implying that general equilibriumis attained relatively slowly.
d. prices will adjust quickly, implying that general equilibriumis attained relatively quickly.
a. prices will adjust quickly, implying that general equilibriumis attained relatively slowly.
b. prices will adjust slowly, implying that general equilibriumis attained relatively quickly.
c. prices will adjust slowly, implying that general equilibriumis attained relatively slowly.
d. prices will adjust quickly, implying that general equilibriumis attained relatively quickly.