Multiple Choice
The key difference between Keynesian and Classical economists is
A) Keynesians favour a role for government in managing the economy.
B) Classical economists favour a role for government in managing the economy.
C) Keynesians believe wages and prices are perfectly flexible.
D) Classical economists propose a "menu cost" model.
E) Keynesians believe that monetary and fiscal policies are detrimental to the economy.
Correct Answer:

Verified
Correct Answer:
Verified
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