If asked about the basic functioning of the economy, a classical economist would claim that: the...

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If asked about the basic functioning of the economy, a classical economist would claim that: the market tends toward stability and full employment. the market tends toward instability and cyclical unemployment. Oprices are slow to adjust. the economy needs help in moving back to full employment. the short run is more significant than the long run. If asked about the basic functioning of the economy, a classical economist would claim that: the market tends toward stability and full employment. the market tends toward instability and cyclical unemployment. Oprices are slow to adjust. the economy needs help in moving back to full employment. the short run is more significant than the long run. If asked about the basic functioning of the economy, a classical economist would claim that: the market tends toward stability and full employment. the market tends toward instability and cyclical unemployment. Oprices are slow to adjust. the economy needs help in moving back to full employment. the short run is more significant than the long run.

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