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Classical Model and Keynesian Model
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Classical Model and Keynesian Model
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24. Macroeconomic Schools of Thought / Classical Model and Keynesian Model / Problem 3
Problem 3
What does laissez-faire economics imply about government intervention?
A
Government should actively regulate markets.
B
Government should minimize intervention and let markets self-correct.
C
Government should ensure full employment through intervention.
D
Government should fix prices and wages.
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