Explain the viewpoints of classical and Keynesian economists. How did the economy that existed at the time of these theories influence them? Which theory is more appropriate for the economy today? Why?
With classical economists believe that people supply things to the economy so they have income to demand things of value they supplied. This type of economist also believe that money is always in the economy even when people put money away in the form of savings in a banks or stocks because that money...
Explain the viewpoints of classical and Keynesian econo