The classical economists espoused
A) the crude version of the quantity theory of money
B) the sophisticated version of the quantity theory of money
C) both the crude and sophisticated quantity theories of money
D) neither the crude nor sophisticated quantity theories of money
Correct Answer:
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Q171: According to Keynes,
A)supply creates its own demand.
B)the
Q172: Which of the following statements is true?
A)Keynesians
Q173: The main criticism leveled at the rational
Q174: Statement I: According to the rational expectations
Q175: According to supply-side economists,
A)high tax rates discourage
Q177: According to the rational expectationists
A)the so-called recessionary
Q178: According to the classical economists,if the money
Q179: According to Keynes,which is the most accurate
Q180: Who said "The ideas of economists and
Q181: Keynes believed
A)recessions were temporary.
B)budget deficits were to
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