Multiple Choice
Which view of the macro economy suggests that the speed of adjustment for self-correction would be very quick?
A) Monetarism
B) Mainstream economics
C) Supply-side economics
D) Rational expectations theory
Correct Answer:

Verified
Correct Answer:
Verified
Q53: If the economy diverges from its full-employment
Q54: According to real-business-cycle theory, recessions are caused
Q55: Crowding-out results from:<br>A) An increase in the
Q56: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4895/.jpg" alt=" Refer to the
Q59: If households and firms cut back on
Q60: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4895/.jpg" alt=" Refer to the
Q61: If the velocity of money remains unchanged
Q63: The theory of rational expectations calls for
Q200: Most economists today would agree with the
Q210: Mainstream economists identify wage-price rigidities as one