Classical economists perceive that

A) investors' expectations about returns on investment are unstable.
B) large investment swings are responses to small changes in interest rates.
C) the best way to cure unemployment is to start a war.
D) the proper cure for unemployment is active fiscal policy.

Classical Economists

Economists from the late 18th and early 19th centuries who focused on the role of free markets in promoting economic growth and wealth distribution.

Fiscal Policy

Fiscal policy involves the use of government spending and tax policies to influence economic conditions, including aggregate demand, employment, and inflation.

Investment Swings

Refers to the fluctuations in investment spending on business capital goods, which can be influenced by interest rates, business confidence, and economic conditions.