Classical Economists Believed

question 9

Multiple Choice

Classical economists believed
I. there could be temporary periods of unemployment.
II. emphasis should be placed on the long run, and in the long run all would be set right because of the smooth functioning of the price system.
III. the Great Depression would be a short-run aberration.

• A) I only
• B) I and II only
• C) II only
• D) I, II, and III

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Definitions:

Down Syndrome

A genetic disorder caused by the presence of an extra chromosome 21, characterized by physical growth delays, characteristic facial features, and mild to moderate intellectual disability.

Down Syndrome

A genetic disorder caused by the presence of all or part of a third copy of chromosome 21, characterized by distinct physical features and intellectual disability.

Dominant Inheritance

A pattern of inheritance where a single copy of a dominant allele on one chromosome is enough to produce the phenotype.

Huntington's Disease

A hereditary neurodegenerative disorder characterized by motor, cognitive, and psychiatric symptoms.