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Which of the Following Is True About Classical Economists

Question 147

Multiple Choice

Which of the following is true about classical economists?


A) They argued that the sources of depressions and high unemployment lay within the market system.
B) They advocated laissez-faire policies to promote economic growth.
C) They believed the economy would naturally tend toward unemployment.
D) They believed prices and wages were rigid.
E) They encouraged government intervention in markets.

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