Solved

In Response to the Great Depression, the Classical Economists

Question 217

Multiple Choice

In response to the Great Depression, the classical economists:


A) stressed the use of monetary policy over fiscal policy.
B) tried to tame the "animal spirits" that caused the recession in the first place.
C) stressed the use of fiscal policy over monetary policy.
D) did not advocate any action because of the lack of consensus about the consequences of policy.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions