Which of the following statements is (are) correct?
A) The central policy tenet of the new classical economics is that aggregate demand management cannot achieve stabilization of real variables.
B) According to the new classical view,systematic monetary policy actions that change aggregate demand will not affect output and employment even in the short run.
C) According to the classicists,systematic fiscal policy actions that change aggregate demand will not affect output and employment even in the short run.
D) All of the above
E) None of the above
Correct Answer:
Verified
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