Match the three frameworks of understanding the functioning of the economy to the aspects of the Circular Flow Model each one emphasize.                                                  Classical                                                  Monetarist                                                  Keynesian A. markets as regulators of the Circular Flow, with the product markets as key B. inside flow of real things compered to the outside flow of money C. bottom flow of income compared to the top flow of spending

ECON MACRO
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ISBN:9781337000529
Author:William A. McEachern
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Chapter16: Macro Policy Debate: Active Or Passive?
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Match the three frameworks of understanding the functioning of the economy to the aspects of the Circular Flow Model each one emphasize.

                                                

Classical

                                                

Monetarist

                                                

Keynesian

A.

markets as regulators of the Circular Flow, with the product markets as key

B.

inside flow of real things compered to the outside flow of money

C.

bottom flow of income compared to the top flow of spending

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