Two economists, Lynch and Wyatt, are discussing the currently high unemployment

Question

Two economists, Lynch and Wyatt, are discussing the currently high unemployment rate. Lynch says that something ought to be done quickly since the economy may not be able to restore itself to full employment. Wyatt says that it is better to take a "hands-off" approach. Which of the following is most likely to be true? Lynch and Wyatt are both Keynesian economists with a few differences of opinion. Lynch and Wyatt are both Classical economists with a few differences of opinion. Lynch is a Keynesian economist and Wyatt is a Classical economist. Wyatt is a Keynesian economist and Lynch is a Classical economist.

Explanation / Answer

Wyatt is a Keynesian economist and Lynch is a Classical economist.

As hands off theory is a keynesnian theory.

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