The classical model differs from the Keynesian model in that a. monet

The classical model differs from the Keynesian model in that

a. monetary policy does not impact output in the Keynesian model.
b. the classical model focuses on the long-run and the Keynesian model focuses on the short-run.
c. fiscal policy is more powerful in the classical model than in the Keynesian model.
d. the classical model believes monetary policy is a powerful impact on output and fiscal policy is not.
e. None of the above

 

ANSWER

B

Expert paper writers are just a few clicks away

Place an order in 3 easy steps. Takes less than 5 mins.

Calculate the price of your order

You will get a personal manager and a discount.
We'll send you the first draft for approval by at
Total price:
$0.00