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Katena32 [7]
4 years ago
11

"According to classical macroeconomic theory,"

Social Studies
1 answer:
chubhunter [2.5K]4 years ago
7 0

According to classical macroeconomic theory , all the given options suits it.

All of the above are correct.

<h3><u>Explanation: </u></h3>

Classical macroeconomic theory is based on the classical theory in which the emphasis is mostly on the supply chain rather than the demand. In this theory, the price levels always move slowly or are sticky in the short run as compared to the old run.

In this theory, the capital, labor, and the available production supplies determines the output and for reaching to any output, demand for money and supply is adjusted by the interest rate.

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A democratic society is one which allows the citizen to vote and choose the leaders to rule them.

  • The democratic constitution is one who grants numbers of freedoms to the citizen. Some of the freedom related to this context is the Freedom of speech.

  • The Freedom of speech makes the Media house function effectively without restriction from the government

In conclusion, function of the Media includes helping the people to make their voices reach the government and helps questioning the government on some of its work.

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<em>brainly.com/question/16215576</em>

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Which country would be the BEST trading partner for all three countries in the table?
miskamm [114]
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