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Which of the following, according to Classical economists, could be a reason for the Great Depression: Group of answer choices Unions, which cause wages to

Which of the following, according to Classical economists, could be a reason for the Great Depression:

Group of answer choices

Unions, which cause wages to be higher than the market equilibrium wages.

Decreased confidence by firms due to excessively low wages.

A decrease in the productive capacity of the economy.

An increase in the rates of return on investments.

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