The emphasis by some economists on long-term outcomes is reminiscent of
A)Keynesian theory.
B)Classical theory.
C)Supply-side theory.
D)None of the choices are correct.

Question

Quizplus · Accepted Answer

Classical theory emphasizes long-term outcomes, focusing on the natural adjustment of markets and economies over time, unlike Keynesian theory which is more concerned with short-term interventions.

The Emphasis by Some Economists on Long-Term Outcomes Is Reminiscent