Question

_______________________ are economists who generally emphasize the importance of aggregate supply in determining the size of the macroeconomy over the _____________.
A. Keynesian economists; long run
B. Keynesian economists; short run
C. Neoclassical economists; long run
D. Neoclassical economists; short run

Answer 1

Answer:

The correct answer is C

Explanation:

Neo-classical economists is the one who believe or perspective is on the importance of the aggregate supply which should be for long run. And its first and foremost concern is that to maximize the personal satisfaction.

He emphasize or focus on the importance of supply in order to determine or evaluate the macroeconomy size which should for the period of long run.