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Why do classical economists believe that the govenment should not become involved with markets during an economic downturn? 1) They believe that it is the
Why do classical economists believe that the govenment should not become involved with markets during an economic downturn? 1) They believe that it is the responsbility of private firms to solve market issues. 2) They believe that manufacturers will appear weak to overseas competitors. 3) They believe that there is a time lag that makes the coordination of government policies with markets difficult. 4) They believe that government leaders are not skilled in economics. Please explain the answer in detail. Thank you!
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