Analysis of the Short and Long Runs Indicates That the ______

Multiple Choice

Analysis of the short and long runs indicates that the ______ assumptions are most appropriate in ______.

A) classical; both the short and long runs.
B) Keynesian; both the short and long runs.
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.