# New classical theories were an attempt to explain ? with Answer - Economics Mcqs | TestPrep

> Solved MCQ: New classical theories were an attempt to explain ? Correct Answer: C. the stagflation of the 1970s. Verified answer explanation for FPSC, PPSC, MDCAT, NTS, and CSS competitive exam preparation.

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# New classical theories were an attempt to explain ?

Direct Answer & Quick Reference

The correct option is **C. the stagflation of the 1970s**.

A. how unemployment could have persisted for so long during the Great Depression

B. The increase in the growth rate of real output in the 1950s

C. the stagflation of the 1970s **(Correct Answer)**

D. Why policy changes that are perceived as permanent have more of an impact on a person’s behaviour than policy changes that are viewed as temporary.

Verified Key: C. the stagflation of the 1970s
Solved by 1,216+ students

Verified against official examination board answer keys and standard curriculum textbooks.

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