In the classical model,fiscal policy is both ineffective and unnecessary.

Name: In the classical model,fiscal policy is both ineffective and unnecessary.
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In the classical model, changes in fiscal policy are believed to have little to no effect on the economy in the long run, as the market will adjust to changes in government spending and taxation. Therefore, it is seen as unnecessary to use fiscal policy to try to stimulate employment or economic growth.

In the Classical Model,fiscal Policy Is Both Ineffective and Unnecessary