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ccording to the classical economists,

ccording to the classical economists,A. the interest rate will ensure that the amount households plan to save will equal the
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A decrease in aggregate demand will causeA. aggregate supply to fall according to classical economists, and prices to fall
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The belief that monetary policy can be effective in changing aggregate demand and that the money supply is the critical monetary
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The classical economists believed that the leakage of saving would be matched by the injection of business investment.A. False
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how did the industrial revolution greater social inequalities (relate to laissezz faire, theom malthus, classical economists,
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The belief that monetary policy can be effective in changing aggregate demand and that interest rates are the critical monetary
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The belief that monetary policy can be effective in changing aggregate demand and that interest rates are the critical monetary
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Classical economists thought thatA. flexible wages and prices were the principal causes of recessions. B. price, wage, and
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According to classical economists, aggregate demand primarily determinesA. the price level. B. total production in the
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In recent years, economists around the world have created new tools that quantify the overall well-being of a country’s
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