The idea that the economy will solve its own problems and not need any stimulus measures falls under the _________ framework.
a. short-run
b. medium-run
c. intermediate
d. long-run
Ans: d. long-run
Explanation- Long run economy is characterized bygrowth framework-focuses on incentives for supply, which is why it's sometimes called SUPPLY-SIDE ECONOMICS.The economy will solve its own problems and government spending will hurt the economy. Focus of Classical economists.
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