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Classical Aggregate Supply function is vertical whereas the Keynesian Aggregate Supply function is positively sloped.
I am not so sure.
There are several types of economists. A major distinction is typically between macroeconomists - economists focused on the economic performance of an entire country, and microeconomists - economists which focus in greater detail on the market for certain goods or services. In addition, several other branches of the subject such as behavioural economics (combining psychology with economics) exist and have economists specialising in these fields.
Classical: The price of a finished product is determined by the firm and value was intrinsic. The added value derived from labor.The individual is not yet an abstractum with rational and omnisapient features, but instead embedded in a class, a region and constrained by his surroundings.
Economists
what is the difference between classical
when you do opera its with your voice and when you do classical music its with an instrument
A major difference is from whence value comes from. To classical economists like Adam Smith, the amount of labour needed to produce a good determines it value. Taking their cue from the Austrian School's founder Carl Menger, Austrian economists believe that subjective consumer preferences determine a good's value. Since consumers decide subjectively whether or not a particular good is valuable and is properly reflected in prices, this affects consumer behaviour and hence demand and supply.
The sound.
there isn't one.
Keynesians say that government should interven in economic activities where as classical say not too
what is diff b/w the classical economist and keynes economist
recreational is for fun and classical is more competitive and costs more money
There are a few differences between classical and traditional technology. Traditional technology is something that has always been done and classical technology is something that was once done.
Classical sonatas use "sonata form" at least in their first movement. Baroque sonatas do not.
Within this context -- any Verdi opera would be considered a classical opera.
In a republic, people elect representatives to do the governing.