question archive Classical economists believe that real increases in aggregate demand (purchasing power) can only be caused by: a) increases in productivity and technology

Classical economists believe that real increases in aggregate demand (purchasing power) can only be caused by: a) increases in productivity and technology

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Classical economists believe that real increases in aggregate demand (purchasing power) can only be caused by:

a) increases in productivity and technology.

b) increases in government spending.

c) increases in the money supply, as controlled by the Federal Reserve.

d) increases in the nation's national debt.

Option 1

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