Classical Economics Was Based Upon the Belief That

Classical economics was based upon the belief that

A) government intervention was essential for economic stability.
B) aggregate demand (or aggregate expenditures) was the principal force controlling income and employment.
C) a redistribution of wealth from the rich to the poor was necessary to prevent the evolution of a welfare state.
D) full employment was the natural state of the economy and that government should not interfere with the private market forces of supply and demanD.
E) the business cycle was caused by large monopolistic corporations that restricted output in order to charge artificially high prices.