define classical, keynesian, monetarist bonus: where does milt friedman belong, what school of thought? 35 seconds
classical, technology increases GDP, taxed downward sticky keyns: wages and resource prices, downward sticky, use fisc and mont policy mont: grow mont supply equal to that of the sustainable growth rate in GDP, taxes downward sticky
keynesian encourages govt intervention and also says EXPECTATIONS are @ the heart of aggregate demand bonus: Milt was a monetarist
daj224 Wrote: ------------------------------------------------------- > keynesian encourages govt intervention and also > says EXPECTATIONS are @ the heart of aggregate > demand > > > bonus: Milt was a monetarist I dont care about Milt, I am in canada 
he’s dead anyway.
I live in canada, the only things we care about here are booze, hockey, women and snow in that order however for me CFA has been atop that hierarchy for the last little while