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Which of the Following Is False

Question 177

Multiple Choice

Which of the following is false?


A) The classical economists believed that the economy was basically stable.
B) Keynes believed that full employment was a "rare occurrence."
C) Keynes argued that the interest rate was the most important factor in determining the level of investment demand in an economy.
D) The classical economists used the laws of supply and demand to prove the validity of Say's law.

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