Question: The classical economists believed . ( LO3 ) a) both wages and prices were downwardly fl exible b) neither wages nor prices were downwardly fl

The classical economists believed . ( LO3 )

a) both wages and prices were downwardly fl exible

b) neither wages nor prices were downwardly fl exible

c) wages, but not prices, were downwardly fl exible

d) prices, but not wages, were downwardly fl exible

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