According to the Classical Model,there Is No Need for Government

question 54

True/False

According to the classical model,there is no need for government intervention in the economy.if the economy is left alone,full employment output will eventually occur.

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Definitions:

Neurotransmission

The process by which nerve cells communicate with each other or with muscles or glands, through the release and reception of chemicals called neurotransmitters.

Posthypnotic Suggestions

Posthypnotic suggestions are instructions given to a person under hypnosis that are intended to be acted upon after the person has emerged from the hypnotic state, affecting subsequent behaviors or thoughts.

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Addictive Drugs

Substances that lead to psychological or physical dependency due to their effects on the brain.