According to the ______ economists, the market economy automatically adjusts to ensure the full employment of its resources.
A) recession
B) depression
C) classical
D) Keynesian

Question

Quizplus · Accepted Answer

Classical economists believe in the self-regulating nature of markets, asserting that the economy naturally moves towards full employment of its resources through adjustments in prices and wages.

According to the ______ Economists, the Market Economy Automatically Adjusts