Multiple Choice
Which of the following is a difference between John Maynard Keynes and the classical economists?
A) Keynes did not believe that unemployment was a serious long-term problem; the classical economists did.
B) Keynes did not believe that the economy was always in equilibrium; the classical economists did.
C) Keynes did not believe that the economy necessarily settled at full employment; the classical economists did.
D) Keynes believed that the economy was always in equilibrium; the classical economists did not.
E) Keynes believed that a general glut of output was a good thing for the economy; the classical economists believed a glut created an unemployment problem for the economy.
Correct Answer:

Verified
Correct Answer:
Verified
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