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This question was created from Introduction to Macroeconomics _ 2.pdf


Which of the following is not true about the classical economists‘ argument? They believe the problem of unemployment will be fixed when the market corrects itself.
They advocate the use of fiscal policy to stabilize the economy.
- They tend to be more concerned about inflation. They believe that the aggregate supply curve is vertical. Incorrect. According to classical economists, AS is vertical, so a government-imposed AD shift could bring about the
problem of inflation.

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