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A basic belief of Classical Economists is that

the economy is unstable in the long-run.
prices and wages are "sticky."
government intervention is needed to control problems in the economy.
prices and wages are self-correcting.
the economy may operate at less than full employment.

User Prospero
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A basic belief of Classical Economists is that prices and wages are self-correcting.

Therefore, the best answer is C. prices and wages are self-correcting.
User Andrew Puglionesi
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