asked 204k views
1 vote
After the fall of the economy in 1929, what did classical economists believe to be the solution to the Great Depression?

A.cut taxes to promote growth
B.increase government spending
C.(Gradpoint correct)wait for the economy to achieve equilibrium
D.stimulate the economy through fiscal policies

asked
User Tareq
by
8.4k points

1 Answer

2 votes
The correct answer is: C. wait for the economy to achieve equilibrium.
answered
User Raymkchow
by
8.1k points
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