The Similarity Between Advocates of Nondiscretionary Policies and the New

Multiple Choice

The similarity between advocates of nondiscretionary policies and the new classical economists is that both believe that

A) only unanticipated policies can affect aggregate output and employment.
B) only anticipated policies can affect aggregate output and employment.
C) discretionary policies may be destabilizing.
D) discretionary policies will be ineffective in changing aggregate output and employment.