Classical economics refers to an era in the history of economic thought that stretched from the late 1600s to the mid-1800s.
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Q7: In a self-regulating economy,wages will fall and
Q8: When the actual unemployment rate is less
Q9: Business-cycle macroeconomics involves increases in Real GDP
Q10: If the economy is in long-run equilibrium,the
Q11: Due to their belief in interest rate
Q13: If the structural unemployment rate is 3
Q14: If the economy is currently in a
Q15: In the long run,changes in aggregate demand
Q16: When the economy is in a recessionary
Q17: All economists agree that the economy is
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