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The Defining Feature of the Classical View of Macroeconomics Is

Question 120

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The defining feature of the classical view of macroeconomics is that the economy is


A) driven by expectations called "animal spirits."
B) constantly bombarded by shocks that arise from the uneven pace of technological change.
C) self- regulating and always at full employment.
D) the most significant influence on aggregate demand is expectations.
E) rarely at full employment.

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