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QUESTION
in what ways does neoclasscial economics ( marshallian/marginalisteconomics) different from the classical economics of Smith and Ricardo?
in what ways does neoclasscial economics ( marshallian/marginalisteconomics) different from the classical economics of Smith and Ricardo?
Answer:Classical economist says that there is no need of government intervention in the economy, the economy always works at full employment and if there is any unemployment in the system, then...