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Classical & Keynesian economists' views of unemployment

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If you were having a conversation with a Keynesian and a Classical economist, and the conversation turned to why the economy is experiencing high unemployment and what the government should do about it, how would each economist explain unemployment and what policies would each advocate?

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The expert explains how a Classical and a Keynesian economist would disagree about what causes inflation and what the government should do about it.

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A classical economist would argue that unemployment occurs because the wages for a particular job are above the equilibrium wage, resulting in an excess of demand for that job. He would argue that if the ...

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