Which of the following did classical economists believe caused depressions and high unemployment?
A)wars
B)tax increases
C)poor crop growing seasons
D)changing tastes
E)All of the answers are correct

Question

Quizplus · Accepted Answer

Classical economists believed that external shocks such as wars, tax increases, poor crop seasons, and changing tastes could all potentially disrupt the economy and lead to depressions and high unemployment.

Which of the Following Did Classical Economists Believe Caused Depressions