Classical Macroeconomists Believed That a Market-Based Economy Has ________ Self-Correcting

question 79

Multiple Choice

Classical macroeconomists believed that a market-based economy has ________ self-correcting forces and thus ________ business cycles.

• A)strong,mild and fleeting
• B)strong,violent and prolonged
• C)weak,mild and fleeting
• D)weak,violent and prolonged

---

Definitions:

O*NET

is a comprehensive database developed by the US Department of Labor that provides detailed descriptions of the world of work for use by job seekers, workforce development, and HR professionals.

Social Leadership

The ability to guide, influence, or direct a group towards a common goal or purpose, often emphasizing the welfare and development of the group members.

Delegate Authority

The process by which responsibility and authority for specific tasks are transferred from one person to a subordinate.

Team Members

Individuals who are part of a group collaborating towards a common goal, each with specific roles and responsibilities.