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Compare and contrast classical economics and Keynesian economics. What are the major differences between them? Which model would you prefer?

  • Compare and contrast classical economics and Keynesian economics. What are the major differences between them?
  • Which model would you prefer? You may already prefer one because you are defending your school. Thoroughly explain your reasoning.
  • As a classical economist or a Keynesian economist, what would you do for the current U.S. economy?

Top Answer

Answer a) Keynesian economics It advocates trust free enterprise is a decent framework, yet that it once in a while needs... View the full answer

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