If Smith believes the economy is self-regulating, then Smith

A) is less likely to advocate expansionary fiscal policy when the economy is in a recessionary gap than Jones, who believes the economy is not self-regulating.
B) is more likely to advocate expansionary fiscal policy when the economy is in a recessionary gap than Jones, who believes the economy is not self-regulating.
C) will believe that there is zero crowding out, too.
D) will believe that wages are inflexible downward, too.
E) b and d


A

Economics

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