Which of the following statements is false?
A) The classical economists believed that government should manage the economy.
B) The classical economists believed in a policy of laissez-faire.
C) The classical economists believed that the economy was self-regulating.
D) The classical economists believed equilibrium output would be full-employment output.

Question

Quizplus · Accepted Answer

The classical economists believed in a policy of laissez-faire, meaning they believed the economy was best left to self-regulate without government intervention.

Which of the Following Statements Is False