economists believe that active help from fiscal and monetary policy is needed to insure that the economy is operating at full employment.
A) All
B) Classical
C) Keynesian
D) Monetarist

Question

Quizplus · Accepted Answer

Keynesian economists believe in government intervention and spending to stimulate the economy and ensure full employment. Classical economists believe in laissez-faire policies and that the economy will naturally reach equilibrium. Monetarist economists believe that monetary policy is the key to economic stability, but do not necessarily advocate for active fiscal policy.

Economists Believe That Active Help from Fiscal and Monetary Policy