According to classical theory, national income depends on ______, while Keynes proposed that ______ determined 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 determined the level of national income.

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