

MCQOPTIONS
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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 | |