Which of the following statements is most accurate? The Keynesian model focuses on aggregate demand while the classical model focuses on aggregate supply. The Keynesian model focuses on aggregate supply while the classical model focuses on aggregate demand. The Keynesian model focuses on long run while the classical model focuses on short run. The Keynesian model calls for no government intervention while the classical model insist the government should act to a macroeconomy.
Which of the following statements is most accurate? The Keynesian model focuses on aggregate demand while the classical model focuses on aggregate supply. The Keynesian model focuses on aggregate supply while the classical model focuses on aggregate demand. The Keynesian model focuses on long run while the classical model focuses on short run. The Keynesian model calls for no government intervention while the classical model insist the government should act to a macroeconomy.
Chapter11: Fiscal Policy
Section: Chapter Questions
Problem 2SQ
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Question
Which of the following statements is most accurate?
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The Keynesian model focuses on aggregate demand while the classical model focuses on |
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The Keynesian model focuses on aggregate supply while the classical model focuses on aggregate demand. |
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The Keynesian model focuses on long run while the classical model focuses on short run. |
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The Keynesian model calls for no government intervention while the classical model insist the government should act to a macroeconomy. |
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