Multiple Choice
_____ is the theory that was popular before _____ changed the face of economics post Great Depression in the 1930s.
A) Classical economics;Milton Friedman
B) Keynesian economics;Monetarists
C) Classical economics;Keynes
D) Monetarist economics;Adam Smith
E) Keynesian economics;Milton Friedman
Correct Answer:

Verified
Correct Answer:
Verified
Q13: Who is the leading proponent of the
Q14: In the Keynesian region of the aggregate
Q15: Monetarists would argue that in the short
Q16: Which of the following schools of thought
Q17: According to the monetarists, inflation is primarily
Q19: Which of the following promoted legislation that
Q20: Traditional Keynesian economists believed that:<br>A)the aggregate supply
Q21: Agreeing with Keynesian economists, monetarists believe that
Q22: The new classical school holds that:<br>A)macroeconomic equilibrium
Q23: Which of the following is true of