Which of the Following Economic Statements Would a Classical Economist

question 158

Multiple Choice

Which of the following economic statements would a classical economist tend to support?

• A) The short run deserves more focus than the long run.
• B) The market tends toward stability and full employment.
• C) Savings is a drain on aggregate demand and can reduce economic growth.
• D) Government intervention is often necessary to stimulate or moderate economic performance.
• E) Prices tend to be rigid and inflexible.