1- one of the most famous Classical economists is 2-A dictum of economist J.B. Say is 3- one of the Assumptions of the classical model is 4- Money Illusion means john Maynard Keynes

ENGR.ECONOMIC ANALYSIS
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ISBN:9780190931919
Author:NEWNAN
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Chapter1: Making Economics Decisions
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Quèstion 1
1- one of the most famous Classical economists is
2-A dictum of economist J.B. Say is
3- one of the Assumptions of the classical model is
4- Money Illusion means
john Maynard Keynes
Reacting to changes in money prices rather than relative prices
Pure competition does not exists.
wages and prices were flexible
Click Submit to com supply creates its own demand
Adam Smith
the competitive markets are not existed
clasical theory 1 (1).pptx
production posibi.ptx
production
Transcribed Image Text:Quèstion 1 1- one of the most famous Classical economists is 2-A dictum of economist J.B. Say is 3- one of the Assumptions of the classical model is 4- Money Illusion means john Maynard Keynes Reacting to changes in money prices rather than relative prices Pure competition does not exists. wages and prices were flexible Click Submit to com supply creates its own demand Adam Smith the competitive markets are not existed clasical theory 1 (1).pptx production posibi.ptx production
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