New classical economics and classical economics both:
A) hold that prices and wages are flexible.
B) hold that there will be no cyclical unemployment over the long run.
C) question the effectiveness of government intervention into the economy.
D) all of the above.

Question

Quizplus · Accepted Answer

Both new classical economics and classical economics share the views that prices and wages are flexible, there will be no cyclical unemployment over the long run, and they question the effectiveness of government intervention into the economy.

New Classical Economics and Classical Economics Both