MCQOPTIONS
Saved Bookmarks
| 1. |
Those who hold the classical view of the labor market are likely to believe that ? |
| A. | neither monetary nor fiscal policy will have an effect on output and employment |
| B. | monetary but not fiscal policy will have an effect on output and employment |
| C. | Fiscal, but not monetary policy will have an effect on output and employment |
| D. | both monetary and fiscal policy will have an effect on output and employment |
| Answer» B. monetary but not fiscal policy will have an effect on output and employment | |