In the 1930's, Keynes tried to

a.support classical macroeconomic theory

b.argue against classical macroeconomic theories and policies

c.provide a rationale for laissez-faire policies

d.upgrade and update classical macroeconomic theory by incorporating GDP statistics in the theory

e.explain the business cycle

According to Classical economists, which of the following was the most dangerous way to finance expansionary fiscal policies?

a.printing money

b.monetizing debt

c.selling bonds

d.raising taxes

e.increasing M1 faster than M2