Solved

The Key Difference Between Keynesian and Classical Economists Is

Question 44

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:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions