Multiple Choice
Which of the following schools of economic thought would favor active intervention into the macroeconomy through fiscal policy?
A) The classical school.
B) The Keynesian school.
C) The monetarist school.
D) The new classical school.
Correct Answer:
Verified
Correct Answer:
Verified
Q59: Which of the following is not an
Q60: Supply-side economics calls for:<br>A) regulatory reform to
Q61: The classical economists held that the economy
Q62: The basis of the following figure based
Q63: Which of the following statements about aggregate
Q65: A typical monetarist would favor:<br>A) free markets
Q66: The economist that revolutionized economic thinking by
Q67: A Keynesian economist would favor stabilizing the
Q68: In the Keynesian model, if total planned
Q69: New Keynesian economics assumes:<br>A) wage and prices