Two emerging trends in 1990s macroeconomic thinking are that fiscal policy should be designed according to its ________ consequences and that monetary aggregates ________ useful in the conduct of monetary policy.
A)short-run stabilization,are no longer
B)short-run stabilization,continue to be
C)long-run growth,are no longer
D)long-run growth,continue to be

Question

Quizplus · Accepted Answer

Two emerging trends in 1990s macroeconomic thinking were the focus on the long-run growth consequences of fiscal policy and the diminished emphasis on monetary aggregates as useful tools in the conduct of monetary policy.

Two Emerging Trends in 1990s Macroeconomic Thinking Are That Fiscal