The neoclassical view holds that long-term expansion of potential GDP due to _______________________ will determine ____________________.
A. economic growth; the size of the economy
B. government spending; aggregate demand
C. government spending; aggregate supply
D. economic adjustments; cyclical unemployment
Answer:A
The neoclassical view holds that long-term expansion of potential GDP due to _______________________ will determine ____________________.
A. economic growth; the size of the economy B. government spending; aggregate demand C. government spending; aggregate supply D. economic adjustments; cyclical unemployment
Explanation: Type: Multiple Choice