Classical economists
A)focused on the role of money as an asset for savings.
B)stressed the need for money in order to spur economic activity.
C)argued that,in the short run,an increase in the quantity of money would lead to an increase in demand for commodities and would stimulate production and employment.
D)None of the above

Question

Quizplus · Accepted Answer

Classical economists primarily focused on long-term economic growth and the mechanisms of supply and demand in markets, rather than the role of money as an asset for savings or its immediate effects on economic activity and employment.

Classical Economists