1. Differentiate the classical theory of labor market from that of Keynes. 2. Explain why policies associated with the c

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1. Differentiate the classical theory of labor market from that of Keynes. 2. Explain why policies associated with the c

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1. Differentiate the classical theory of labor market fromthat of Keynes.
2. Explain why policies associated with the classical school aresometimes called "supply side economics".
3. If you are the chief economic czar of this country, whatare the policies that you are going to use to combat inflation andstagflation and trace their impact on key economic variables.
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