gine an omic debate among five presidential candidates At the time of the debate the government announces that the economy has

Question

gine an omic debate among five presidential candidates At the time of the debate the government announces that the economy has entered a recession Assuming each candidate makes one statement about the economy can you tell whether he or she is a classical or a Keynesian economist Items 5 items Drag and drop into the appropriate area below I don t think there s a problem The economy recovers well on its own Categories Workers are unlikely to take pay cuts because of money illusion Rather than increasing government spending the government should do more to stimulate saving Classical Consumer confidence and spending are down The government needs to increase spending We can t wait for the economy to recover After all in the long run we are dead Keynesian

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