Classical economists who assume the "invisible hand" works reasonably well do NOTargue that
A. the government should have a limited role in the economy.
B. government policies will be ineffective and counterproductive.
C. the government should actively intervene in the economy to eliminate business cycles.
D. wages and prices adjust quickly to bring the economy back to equilibrium.
Answer:C
Classical economists who assume the "invisible hand" works reasonably well do NOTargue that
A. the government should have a limited role in the economy. B. government policies will be ineffective and counterproductive. C. the government should actively intervene in the economy to eliminate business cycles. D. wages and prices adjust quickly to bring the economy back to equilibrium.