During the 1970s and 1980s,macroeconomists were busy integrating the insights of which of the following into their ideas about the economy?
A) real business cycle theory
B) Keynesian theory
C) supply side economics
D) classical macroeconomics
E) none of the above
Correct Answer:
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Q13: "Effective demand" represents which of the following?
A)money
Q14: "In the long run,we're all dead" was
Q15: In the 1960s,the monetarist school of thought
Q16: Liquidity preference refers to
A)Keynes' name for the
Q17: Liquidity preference refers to the theory of
A)money
Q19: The neoclassical synthesis
A)was a name coined by
Q20: The neoclassical synthesis had emerged by what
Q21: As the IS curve becomes steeper,we know
Q22: According to rational expectations theory,monetary policy will
Q23: The new classical interpretation of the economy
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