The school of economics that predominated prior to the Great Depression was the:
A) business cycle theorists.
B) classical school.
C) post-Keynesian school.
D) Marxists.
Correct Answer:
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Q13: In the classical model of the price
Q14: Because classical economists stressed the long run,
Q15: Policy makers before the Great Depression were:
A)
Q16: Classical economists focused mainly on:
A) unemployment.
B) the
Q17: Classical economists point out that:
A) there is
Q19: According to the classical model, prices are
Q20: The measurement of business cycles was pioneered
Q21: Keynesian economics emphasizes _ shifts in aggregate
Q22: The General Theory of Employment, Interest, and
Q23: According to some economic historians, the first
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