The experience of the Great Depression led to the widespread acceptance of classical economics.
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Q218: Nearly all economists agree that increases in
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Q220: If a contraction in aggregate demand causes
Q221: Classical economics is based primarily on the
Q222: If the unemployment rate rose, a classical
Q224: Monetarism asserts that GDP will grow steadily
Q225: Which group of economists disagrees with discretionary
Q226: Keynesian economics was mostly concerned with the
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Q228: According to classical economists, the aggregate supply
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