Classical Economics (1 янв 1776 г. – 1 янв 1870 г.)
Описание:
- Decrease in demand equals a decrease in spending which makes prices fall and increase spending again leading to full employment- Temporary unemplotement could cause wages to fall making employers hire new workers allowing for full employement
Добавлено на ленту времени:
Дата:
1 янв 1776 г.
1 янв 1870 г.
~ 94 years