Macro Economics

Macro Economics
In this chapter we’ve reviewed the links between the short run and the long run. Some
economists (Keynes’ School) think that the economy adjusts slowly and they are more
sympathetic to using monetary or fiscal policies.

Other economists (Classical School) believe the economy adjusts rapidly and are generally
opposed using those policies.

In your opinion, which ideas are more appropriate to apply in the country’s economy at

this time. A very active government and a very active Federal Reserve? or the opposite? or a
mixture of policies?

Please, elaborate your answers.