A classical economist believes that
A) if the economy was left alone, it would rarely operate at full employment.
B) the economy is self-regulating and will normally, though not always, operate at full employment if fiscal policy is not erratic.
C) the economy is self-regulating and always at full employment.
D) the economy is self-regulating and will normally, though not always, operate at full employment if monetary policy is not erratic.
Correct Answer:
Verified
Q332: A Keynesian economist believes that
A) the economy
Q333: Q334: Q335: Which of the following statements is INCORRECT? Q336: Consider a BMW automobile plant. If the Q338: Which of the following statements correctly describes Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents![]()
A)