Solved

Classical Economists Think That the Government ________ Use Fiscal Policy

Question 65

Multiple Choice

Classical economists think that the government ________ use fiscal policy to dampen the business cycle because prices and wages adjust ________.

A) should not; rapidly
B) should not; slowly
C) should; slowly
D) should; rapidly

Related Questions

Q60: Why doesn't stabilization policy work,according to economists

Q61: Romer and Romer found evidence that money

Q62: According to classical economists,in recessions,not only does

Q63: Given data on capital (K),labor (N),and output

Q64: Suppose the money demand of individuals and

Q66: People increase their labor supply in response

Q67: According to the real business cycle theory,what

Q68: According to real business cycle theory,which of

Q69: According to classical economists,the government should increase

Q70: Classical economists believe that<br>A)money is neutral.<br>B)an increase