Q: How many economists does it take to change a light bulb? A: All. Because then you will generate employment, more consumption, moving the aggregate demand curve to the right.
This joke represents the view of
A) classical economists.
B) Keynesian economists.
C) economists who contend that money illusion never occurs.
D) economists who conclude that wages and prices are very flexible.

Question

Quizplus · Accepted Answer

This joke represents the view of Keynesian economists who believe that government intervention can help increase aggregate demand and stimulate economic growth. The joke suggests that changing a light bulb can have a ripple effect on the economy by creating employment and increasing consumption.

Q: How Many Economists Does It Take to Change a Light