Q: How many economists does it take to screw in a light bulb? A: None.
Q: How many economists does it take to screw in a light bulb?
A: None. If the light bulb really needed changing, market forces would have already caused it to happen.
This joke represents the view of
A) Keynesian economists.
B) classical economists.
C) economists who conclude that wages and prices are inflexible.
D) economists who conclude that money illusion is widespread.
ANSWER
B
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