as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
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construct a data table showing the differences between keynesian and classical economics.
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| keynesian economics | classical economics |
|--------------------|---------------------|
| favors active government intervention in the economy | favors laissez-faire economic policies|
| emphasizes the role of aggregate demand in economic growth | emphasizes the role of savings and investments in economic growth|
| believes that markets may under-supply goods and services due to imperfection and rigidity | believes that markets are always self-correcting and will always achieve equilibrium|
| belief in the importance of counter-cyclical fiscal policy | belief in the importance of fiscal policy that is neutral over the business cycle|
| generally emphasizes the use of fiscal policy to affect economic activity | generally emphasizes the use of monetary policy to affect economic activity|
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