Analysis of the Short Run and Long Run Indicates That

Multiple Choice

Analysis of the short run and long run indicates that the _____ assumptions are most appropriate in _____.

A) classical; both the short run and the long run
B) Keynesian; both the short run and the long run
C) classical; the short run, whereas the Keynesian assumptions are most appropriate in the long run
D) Keynesian; the short run, whereas the classical assumptions are most appropriate in the long run