Question:

The sequence of wage-price flexibility approach of Pigou is:
A. Wages and prices decline 
B. Real value of assets increases 
C. Cost decline and price decline result in price of assets falling
D. Unemployment increases E. Less savings would be undertaken and consumption increases, output rises 
Choose the correct answer from the options given below:

Updated On: Mar 11, 2024
  • D, A, C, E, B
  • D, A, C, E, B
  • D, A, C, B, E
  • D, A, B, C, E
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The Correct Option is C

Solution and Explanation

The correct answer is (C) : D, A, C, B, E
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