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In general, Neoclassical economists have modernized the views of Adam Smith. Their assumptions are that individuals and business firms make rational choices based on their self-interest and that choices are made based on past and future information. That means that the activist Keynesian view of economics is not necessary because the economy is self-adjusting as Adam Smith had insisted in the past. They hold that view and prescribe a non-activist view of interference in the economy by government.
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strings, woodwinds, horns, trumpets, and timpani.
Explanation:
Answer:
friend: how?
me: I'll tell you later *leaves*
I think it's good~ really good~