Which of the following economic theories takes 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

Question

Quizplus · Accepted Answer

New classical economic theory takes into account the rational expectations of people in the economy, meaning individuals are assumed to make economic decisions based on all available information and their predictions about the future.

Which of the Following Economic Theories Takes into Account the Rational