Question: 2. Describe in words the two opposing adjustment processes (Classical or Neoclassical vs. Keynesian) when a disequilibrium occurs in financial markets. Specifically, Saving > Investment

2. Describe in words the two opposing adjustment processes (Classical or Neoclassical vs. Keynesian) when a disequilibrium occurs in financial markets. Specifically, Saving > Investment

3. Explain the origins of Keynesian macroeconomics. What were Keynes' key ideas ("heresies") and how were they in opposition to the then-dominant neoclassical economic theory.

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