Which of the Following Statements Is False

question 169

Multiple Choice

Which of the following statements is false?

• A) The classical economists believed that government should manage the economy.
• B) The classical economists believed in a policy of laissez-faire.
• C) The classical economists believed that the economy was self-regulating.
• D) The classical economists believed equilibrium output would be full-employment output.

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Definitions:

Virtually Nonexistent

A term used to describe something that has such a minimal presence or is so rare that it is almost or completely absent.

Rising Steadily

A consistent and ongoing upward movement or trend in a particular variable, such as temperature, prices, or economic growth.

Most Common

Referring to the most frequently occurring or prevalent in a certain context or category.

Patterns Of Robbery

Recurrent methods or trends identified in the act of stealing, often analyzed by law enforcement to predict and prevent future incidents.