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That depends on who you ask, as that's an opinion answer. Mine would be that those with power would shave as much money off of those without power as possible.
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∙ 13y ago
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What did David Ricardo believe in?
He assumed, among other things, that all wages and prices were flexible and that competitive markets existed throughout the economy.
Who governed prices and wages in towns?
Guilds
Who governed prices of goods and wages in towns.?
Guilds
What economic theory does laissez-faire rely on to regulate prices and wages?
Laissez-faire theorists argue that the market forces of SUPPLY AND DEMAND will serve to set prices and wages in the marketplace.
What did laissez-faire rely on to regulate prices and wages?
Supply and demand
What did David Ricardo believe in?
He assumed, among other things, that all wages and prices were flexible and that competitive markets existed throughout the economy.
In the state of Michigan can a deficiency judgment garnish wages?
In Michigan, deficiency judgments can be used to garnish wages if a lender obtains a court order allowing them to do so. This means that if there is a foreclosure or repossession, and the sale of the property or asset does not cover the full amount owed, the lender can pursue a deficiency judgment to collect the remaining debt, including through wage garnishment.
Who was a Roman emperor who orders prices and wages frozen?
DiocletianThe emperor Diocletian issued the Edict of Maximum Prices, which set a ceiling for the prices of goods. He did not freeze wages.
Was a roman emperor who ordered prices and wagons frozon?
Diocletian issued the Edict of Maximum Prices which put a cap on prices. He did not freeze wagons. if you mean wages, he did not put a cap on wages.
Who governed prices and wages in towns?
Guilds
What does laissez rely on to regulate prices and wages?
Laissez-faire theorists argue that the market forces of SUPPLY AND DEMAND will serve to set prices and wages in the marketplace.
Who was the emperor who ordered prices and wages frozen?
Diocletian
Governed prices of goods and wages in towns.?
guilds
The Statute of Workers was a measure to?
fixed wages and prices
What does laissez faire rely on to regulate prices and wages?
Laissez-faire theorists argue that the market forces of SUPPLY AND DEMAND will serve to set prices and wages in the marketplace.
What word is governed prices of goods and wages in towns?
Guilds
Did the wages rise when the prices rose after world war 2?
No.
