Which of the following approaches to the macroeconomy would be least likely to advocate limiting government intervention to bring the economy to full employment?
A) Classical economics.
B) New Classical economics.
C) New Keynesian economics.
D) Monetarism.

Question

Quizplus · Accepted Answer

New Keynesian economics is less likely to advocate for limiting government intervention to achieve full employment. It generally supports the idea that government policies, including fiscal and monetary interventions, can be effective in addressing economic fluctuations and achieving full employment.

Which of the Following Approaches to the Macroeconomy Would Be