Viewpoints of classical and keynesian economists

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Viewpoints of Classical and Keynesian Economists

1. Describe the viewpoints of classical and Keynesian economists. Which theory is more appropriate for the economy today? Why?

2. What is the difference between contractionary and expansionary fiscal policies and which is more appropriate today? Explain your answer. How might contractionary and expansionary fiscal policies affect your organization?

Reference no: EM1362829

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