Multiple Choice
Which of the following believe that discretionary monetary policy and discretionary fiscal policy are effective countercyclical policy actions?
A) real business cycle theorists
B) activists
C) new classical economists
D) rational expectations theorists
Correct Answer:
Verified
Correct Answer:
Verified
Q22: If the economy has substantial unemployment, then
Q82: A larger crowding-out effect:<br>A)increases the magnitude of
Q83: An increase in government purchases or a
Q84: Which of the following was not a
Q86: If a foreign trading partner of the
Q88: A larger crowding-out effect:<br>A)increases the magnitude of
Q89: A larger crowding-out effect:<br>A)increases the magnitude of
Q90: If expectations are rational, how can government
Q107: A main argument against indexing is that:<br>A)it
Q138: According to the rational expectation view, the