Summarize the General Attitudes of Classical Economists and Keynesian Economists

question 28

Essay

Summarize the general attitudes of classical economists and Keynesian economists with regard to price flexibility,the necessity of government intervention,and the time period of interest.

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Definitions:

Common Shares

Equities that represent ownership in a corporation, providing voting rights and a share in the company's profits through dividends.

Expected Rate of Return

The anticipated amount of profit or loss an investment is projected to generate, given certain assumptions.

Growth Rate

The rate at which a company's earnings, revenue, or other financial metric increases on a yearly basis, expressed as a percentage.

Stock Market

A public market for the trading of company stock and derivatives at an agreed-upon price; it's a key economic indicator and a measure of a nation's economic strength.