Which of the following is not correct about the Classical economists’ argument? - They believe that the aggregate supply curve is vertical. - They tend to be more concerned about inflation. - They advocate the use of fiscal policy to stabilize the economy. - They believe the problem of unemployment will be fixed when the market corrects itself
Which of the following is not correct about the Classical economists’ argument? - They believe that the aggregate supply curve is vertical. - They tend to be more concerned about inflation. - They advocate the use of fiscal policy to stabilize the economy. - They believe the problem of unemployment will be fixed when the market corrects itself
Chapter14: Aggregate Demand And Supply
Section: Chapter Questions
Problem 17SQ
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Which of the following is not correct about the Classical economists’ argument?
- They believe that the
- They tend to be more concerned about inflation.
- They advocate the use of fiscal policy to stabilize the economy.
- They believe the problem of
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