Knowee
Questions
Features
Study Tools

Which school of economics argued that prices, wages, and rates are flexible and markets tend to clear unless prevented from doing so by government policy?

Question

Which school of economics argued that prices, wages, and rates are flexible and markets tend to clear unless prevented from doing so by government policy?
🧐 Not the exact question you are looking for?Go ask a question

Solution 1

The school of economics that argued that prices, wages, and rates are flexible and markets tend to clear unless prevented from doing so by government policy is the Classical school of economics.

Here are the steps to arrive at this answer:

  1. Identify the key elements of the question: The questio Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  

This problem has been solved

Similar Questions

Neoclassical economic models assume that prices and wages are flexible in the long run.Question 24Answera.Trueb.False

1/1

Upgrade your grade with Knowee

Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.