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MMLU / Classical economists believe

Problem

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question

Classical economists believe

choices

  1. in the quantity theory of money—that both the velocity and the quantity of goods and services sold per period are fairly stable
  2. there is a serious risk of a liquidity trap because the demand curve for money is relatively flat
  3. that the government should make every effort to fine-tune the economy
  4. that the aggregate supply curve is L-shaped

subject

high_school_macroeconomics

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Source and history

Official source

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