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1 . What are the main points under Classical economics 2 . Using the transmission mechanism , what is the effect of a change in

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1 . What are the main points under Classical economics 2 . Using the transmission mechanism , what is the effect of a change in money supply on the output level ? 3 . What is the monetarists view about the money market 4 . What are the views under the new classical theory of economics 5 . What is the classical's view of the labor market 6 . According to Say's law 7 . According the classical theory 8 . According the Classicals , why will the economy operate always at full employment 9 . Under the Classical economics what does Say's law states ? 10 . Identify e Keynesian school economics view ? 11 . What will be the transmission mechanism of an expansionary monetary policy and its effect on the price ? 12 . When unemployment is high , what would be recommended by the keynesians 13 . An economy is highly expanding and facing high inflation . What would a Keynesian suggest as a corrective measure 14 . In which way does a straight line production possibilities curve differ from a concave production possibilities curve SABIS Proprietary

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