Classical macroeconomists recommend
A)policies that actively offset changes in long- run aggregate supply that result in negative economic growth.
B)policies that actively offset changes in aggregate demand that bring recession.
C)an increase in the quantity of money to offset decreases in aggregate demand and a decrease in the quantity of money to offset increases in aggregate demand.
D)policies that minimize the disincentive effects of taxes on employment, investment, and technological change.
E)all of the above

Question

Quizplus · Accepted Answer

Classical macroeconomists focus on long-term economic growth and stability, emphasizing the importance of minimizing the negative effects of taxes on employment, investment, and technological change. They generally advocate for less government intervention in the economy, unlike some of the more active policy measures described in the other options.

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