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Economics
MEDIUM
ENGLISH
Economics
Those who hold the classical view of the labor market are likely to believe that ?
neither monetary nor fiscal policy will have an effect on output and employment
Correct answer
B
monetary but not fiscal policy will have an effect on output and employment
Option B
C
Fiscal, but not monetary policy will have an effect on output and employment
Option C
D
both monetary and fiscal policy will have an effect on output and employment
Option D
Correct answer: A
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