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Which of the Following Is a Difference Between the Theories

Question 104

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Which of the following is a difference between the theories of John Maynard Keynes and the classical economists?


A) Unlike Keynesian economists,classical economists believed that unemployment was a serious long-term problem.
B) Unlike Keynesian economists,classical economists advocated that the economy was always in equilibrium.
C) Unlike Keynesian economists,classical economists believed that the economy would always settle at full employment.
D) Unlike Keynesian economists,classical economists did not believe that the economy was always in equilibrium.
E) Unlike Keynesian economists,classical economists believed a glut created an unemployment problem for the economy.

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