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smitch6 smitch6
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6 years ago
The key difference between Keynesian and Classical economists is
A) Keynesians favour a role for government in managing the economy.
B) Classical economists favour a role for government in managing the economy.
C) Keynesians believe wages and prices are perfectly flexible.
D) Classical economists propose a "menu cost" model.
E) Keynesians believe that monetary and fiscal policies are detrimental to the economy.
Textbook 
Macroeconomics, Canadian Edition

Macroeconomics, Canadian Edition


Edition: 5th
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6 years ago
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