True/False
The mainstream view of the economy since 1946 is that it has become more stable because of the
use of discretionary fiscal and monetary policies.
Correct Answer:

Verified
Correct Answer:
Verified
Q115: Rational expectations theory suggests that changes in
Q116: Mainstream economists say that recessions are unlikely
Q117: <span class="ql-formula" data-value="\begin{array} { | c |
Q118: A coordination failure<br>A) is a real-business-cycle event.<br>B)
Q119: In new classical economics, a "price-level surprise"<br>A)
Q121: The idea that an economy can get
Q122: Suppose aggregate demand in the economy sharply
Q123: Monetarists argue that the relationship between<br>A) the
Q124: Mainstream macroeconomics would suggest that fiscal policy<br>A)
Q125: Most monetarists would say that<br>A) the