Which of the following economic theories take into account the rational expectations of people in the economy?
A) Traditional Keynesian economic theory
B) Monetarist economic theory
C) New classical economic theory
D) Classical economic theory
E) New Keynesian economic theory
Correct Answer:
Verified
Q25: Which of the following events challenged Keynesian
Q26: The school of thought that assumes that
Q28: Monetarists believe that:
A)the government should follow a
Q32: According to the monetarists, deliberate government intervention:
A)will
Q36: "The market is not a self-regulating mechanism
Q41: Assume that workers have perfect information about
Q44: New classical economists believe that:
A)market failure on
Q46: Which of the following is true of
Q48: The monetarist assumption that monetary policy cannot
Q52: According to new classical school of economics,
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