Multiple Choice
The classical model differs from the Keynesian model in that
A) monetary policy does not impact output in the Keynesian model.
B) the classical model focuses on the long-run and the Keynesian model focuses on the short-run.
C) fiscal policy is more powerful in the classical model than in the Keynesian model.
D) the classical model believes monetary policy is a powerful impact on output and fiscal policy is not.
E) None of the above
Correct Answer:

Verified
Correct Answer:
Verified
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