According to classical theory, national income depends on _____, while Keynes proposed that _____ determines the level of national income.
A)aggregate demand; aggregate supply
B)aggregate supply; aggregate demand
C)monetary policy; fiscal policy
D)fiscal policy; monetary policy

Question

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According to classical theory, national income depends on aggregate supply, while Keynes proposed that aggregate demand determines the level of national income.

According to Classical Theory, National Income Depends on _____, While