Business, 24.03.2020 03:31 slamkam10

Adam is an economist who believes that in the long run, all prices are flexible and that any increase in the money supply will lead only to inflation, not an increase in aggregate output. Because the economy would self-correct to long-run equilibrium output, there is no role for either fiscal or monetary policy. Adam is best described as a .A. supply-side economist
B. Keynesian economist
C. classical economist
D. Monetarist
E. rational expectations economist

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Adam is an economist who believes that in the long run, all prices are flexible and that any increas...