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What is the differences between Classical and Keynesian aggregate supply curve?
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∙ 11y ago
tor ma k 101 bar....
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∙ 11y ago
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What is the key difference between the classical and Keynesian aggregate supply functions?
Classical Aggregate Supply function is vertical whereas the Keynesian Aggregate Supply function is positively sloped.
What are differences between keynesian and classical theories on demand for money?
This question has bad grammar. Generally speaking, Classical theories lean more towards not having the government involved in the economy. A Keynesian theorist however, is going to believe in a strong fiscal policy, as well as a central banking system to govern the economies.
Differentiate between New Classical and New Keynesian economics school of thoughts?
the classical believe the economy is best left to itself whereas the keynesian argued that government intervention could improve economic performance
Deffernce between New Keynesian macroeconomics and new classical macroeconomics in the main ideas?
the main argument between the two schools of thoughts is number one on the price and wage rigidity and secondly on the market clearing idea. new Keynesian economics believe in wage and price rigidity and non clearing (disequilibrium) market models. while the classical tend to disagree with these ideas and believe in wages and price flexibility and market clearing models.
Difference between Keynesian and new Keynesian school of thought?
New Keynesians account for time in their models
What is the key difference between the classical and Keynesian aggregate supply functions?
Classical Aggregate Supply function is vertical whereas the Keynesian Aggregate Supply function is positively sloped.
What is the similarities between classical and Keynesian school of thoughts in economics?
Keynesians say that government should interven in economic activities where as classical say not too
What are differences between keynesian and classical theories on demand for money?
This question has bad grammar. Generally speaking, Classical theories lean more towards not having the government involved in the economy. A Keynesian theorist however, is going to believe in a strong fiscal policy, as well as a central banking system to govern the economies.
Differentiate between New Classical and New Keynesian economics school of thoughts?
the classical believe the economy is best left to itself whereas the keynesian argued that government intervention could improve economic performance
What are the differences between classical food web and present food web?
The differences is that the classical are more harder. And the present is more visual.
What are the major differences between classical and modern menus?
The differences between classical and modern menus is that classical menus have more expensive and uniqe foods. Modern menus have the same food that we mostly eat today and is less expensive then then the classical menus.
What are the differences between Japanese and Korean literature?
often written in Classical Chinese.
Difference between classical and traditional technology?
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.
What are the differences between cement mortar and concrete?
Cement mortar is a mixture of cement, fine aggregate and water.Concrete is a mixture of cement, fine aggregate, coarse aggregate and water.Generally, concrete have higher strength than cement mortar.
What are the differences between classical and spectroscopic method of chemical analysis?
compare and contrast classical method and spectroscopic method of analysis in chemistry
What are the differences between classical and contemporary sociological theories?
Classical sociological theory makes all persons equal under the state with everything being state owned. Contemporary theory allows for differences in class/sociopolitical standing while retaining the core values of the classical theory.
Deffernce between New Keynesian macroeconomics and new classical macroeconomics in the main ideas?
the main argument between the two schools of thoughts is number one on the price and wage rigidity and secondly on the market clearing idea. new Keynesian economics believe in wage and price rigidity and non clearing (disequilibrium) market models. while the classical tend to disagree with these ideas and believe in wages and price flexibility and market clearing models.
