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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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