In this chapter you learned about one of the major debates

Last updated: 11/6/2023

In this chapter you learned about one of the major debates in macroeconomics between cas assical a ical and Keynesian economists whether or not the macroeconomy has a natural adjustment mechanism that brings the economy back to long run equilibrium Which of the following would classical economists believe and which of the following would Keynesian economists believe Items 5 items Drag and drop into the appropriate area below Supply is the key side of the market Categories The long run is the key time period Savings is crucial to economic growth Classical economists Cyclical unemployment is the norm Prices are sticky Keynesian economists