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Which of the Following Is Not True About Classical Economists

Question 105

Multiple Choice

Which of the following is not true about classical economists?


A) They criticized mercantilism as an economic system.
B) They advocated laissez-faire policies to promote economic growth.
C) They believed the economy would naturally tend toward full employment.
D) They believed prices and wages were flexible.
E) They sought government intervention in markets to promote fairness.

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