Describes the classical view of economics

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Which of the following best describes the classical view of economics? a. Because markets are inherently efficient, government intervention is rarely needed. b. Because unemployment can be prolonged, government intervention is needed to stimulate job growth. c. Because markets are inherently inefficient, government intervention is needed to smooth business cycles. d. Because markets are inherently efficient, government intervention is needed only in the short run.

Reference no: EM13984387

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