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    Exam 11: Fiscal Policy
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    Which of the Following Did Classical Economists Believe Caused Depressions
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Which of the Following Did Classical Economists Believe Caused Depressions

Question 97

Question 97

Multiple Choice

Which of the following did classical economists believe caused depressions and high unemployment?


A) Sticky product prices
B) Tax increases
C) Business expectations
D) Sticky wages
E) Sticky interest rates

Correct Answer:

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