According to the classical economists

A) a market economy should never experience unemployment.
B) a market economy should never experience inflation.
C) if unemployment appears,it would soon disappear because of a reduction in interest rates,wages,and prices.
D) if inflation appeared it would soon disappear because of a reduction in interest rates,wages,and prices.

Classical economists believed in the concept of Say's Law, which states that "supply creates its own demand." They believed that in a market economy, prices and wages would adjust to ensure that all available resources, including labor, would be fully utilized. Therefore, if unemployment appeared, it would be due to wage or price rigidities, which could be resolved by reducing wages or prices. This would eventually lead to an increase in demand for labor, reducing unemployment. Classical economists did not believe in the concept of demand deficiency, which is a key factor in modern theories of unemployment.