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CLASSICAL AND KEYNESIAN ECONOMIC MODEL.
the dispute between classics and Keynesians is mainly about how an economy adjusts during a recession and finds a way to return to full employment. On the one hand, classical economists believe that governments should not intervene in the economy. while the Keynesians think it would be fruitless not to intervene. since in the long term we will all be exposed. Keynes believes that the only way to grow ecomia is by increasing public spending.
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