Which of the following news quotes best describes a new classical view of a recession?
A)"Rapid computerization is creating obsolete workers and higher unemployment."
B)"The unexpectedly tight fiscal policy is raising spending and lowering unemployment."
C)"The anti-inflationary policy of the Bank of Canada is increasing spending."
D)"The cuts in government spending have helped lower consumer spending and created unemployment."
E)"Businesses are very worried about future sales and have lowered their purchases of capital equipment."

Question

Quizplus · Accepted Answer

The Answer of Which of the following news quotes best describes a new classical view of a recession?
A)"Rapid computerization is creating obsolete workers and higher unemployment."
B)"The unexpectedly tight fiscal policy is raising spending and lowering unemployment."
C)"The anti-inflationary policy of the Bank of Canada is increasing spending."
D)"The cuts in government spending have helped lower consumer spending and created unemployment."
E)"Businesses are very worried about future sales and have lowered their purchases of capital equipment."

Which of the Following News Quotes Best Describes a New