When describing how the economy works,classical economists claim that
A) the economy needs help in moving back to full employment.
B) savings is a drain on demand.
C) aggregate demand is more significant than aggregate supply.
D) savings is crucial to economic growth.
E) prices are sticky.
Correct Answer:
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Q93: During the Great Depression,aggregate demand in the
Q94: Classical economists believe that
A) prices are sticky.
B)
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Q97: When stock prices declined during the Great
Q99: Classical economists believe that prices are completely
Q100: If a classical economist were asked which
Q101: Which of the following policy statements would
Q102: Which of the following policy statements would
Q103: Based on the belief that prices are
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