Answered: Classical economists believed that the…

Classical economists believed that the economy automatically moves toward equilibrium at full employment. a. True b. False

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter22: Aggregate Demand And Aggregate Supply

Section: Chapter Questions

Problem 16P

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Classical economists believed that the economy automatically
moves toward equilibrium at full employment.
a. True
b. False

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