Which of the Following Statements Is Correct? Classical Economists

question 28

Multiple Choice

Which of the following statements is correct? Classical economists

• A)believe demand as well as supply determines aggregate output.
• B)believed in an active role for government in managing the economy through tax policy.
• C)gave little explicit attention to factors that determined the overall demand for commodities.
• D)were worried about depressions that could come about because of too little government consumption.

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