According to the classical model,there is no need for government intervention in the economy.if the economy is left alone,full employment output will eventually occur.

Name: According to the classical model,there is no need for government intervention in the economy.if the economy is left alone,full employment output will eventually occur.
Brand: Quizplus
Rating: 4.8 (37 reviews)

Question

Quizplus · Accepted Answer

According to the classical model, the market forces of supply and demand will eventually lead to full employment output without any government intervention.

According to the Classical Model,there Is No Need for Government