Q: How many economists does it take to screw in a light bulb? A: None. If the light bulb really needed changing, market forces would have already caused it to happen.
This joke represents the view of
A) classical economists.
B) Keynesian economists.
C) economists who conclude that money illusion is widespread.
D) economists who conclude that wages and prices are inflexible.

Question

Quizplus · Accepted Answer

This joke represents the view of classical economists, who believe in the efficiency and self-correcting nature of markets. According to this view, if a change is needed in the market, it will happen automatically without the need for intervention or deliberate action.

Q: How Many Economists Does It Take to Screw in a Light