Which of the following economists place an emphasis on long run economic performance?

Understand the Problem

The questions are asking about macroeconomic concepts and theories, particularly related to Keynesian and neoclassical economics. Each question appears to test knowledge on the characteristics and implications of different economic theories, the behavior of aggregate supply and demand, and the effects on output and employment.

More Information

Neoclassical economists focus on long-term growth as they believe that long-run factors like productivity determine living standards.

Tips

A common mistake is confusing short-term and long-term focus. Neoclassical economists emphasize the long-term, while Keynesian economists often emphasize short-term macroeconomic performance.

Sources

• Principles of Macroeconomics 2e | OpenStax - openstax.org
• Macroeconomics Chapter 13 Flashcards - Quizgecko - quizgecko.com