One of the primary objections to the new classical model is that _____
One of the primary objections to the new classical model is that ________.
A) firms could easily get information about price movements and so would not be fooled for very long
B) price is negatively related to quantity demanded, but positively related to quantity supplied
C) business cycles are relatively brief in duration
D) it failed to incorporate rational expectations into its presentation
ANSWER
A
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