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    Principles of Macroeconomics Study Set 8
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    Exam 20: Aggregate Demand and Aggregate Supply: Explaining Short-Run Economic Fluctuations
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    Most Economists Believe That Classical Theory Describes the World
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Most Economists Believe That Classical Theory Describes the World

Question 19

Question 19

Multiple Choice

Most economists believe that classical theory describes the world


A) in the short run.
B) in the long run.
C) in both the short run and the long run.
D) in neither the short run nor the long run.

Correct Answer:

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