false
In contrast with Classical economics, Keynesian economics takes a broader view of the economy
economics
What are the problems associated with teaching of economics in schools
takes a broader view of the economy
It is a concept in classical economics, that monetary forces could influence the general price level but had no effect on real activity
In contrast with Classical economics, Keynesian economics takes a broader view of the economy
economics
Keynesian economics uses government to increase aggregate demand through both spending and tax cuts. Supply-side economics tries to increase aggregate supply through tax cuts.
What are the problems associated with teaching of economics in schools
takes a broader view of the economy
takes a broader view of the economy
It is a concept in classical economics, that monetary forces could influence the general price level but had no effect on real activity
this approch is also known as uttility approch or classical approch because it was very presented by the classical or orthodox Economics
Keynesians say that government should interven in economic activities where as classical say not too
this approch is also known as uttility approch or classical approch because it was very presented by the classical or orthodox economics
the law of suply and demand
Macroeconomics