The similarity between advocates of nondiscretionary policies and the new classical economists is that both believe that

Question

Quizplus · Accepted Answer

Both advocates of nondiscretionary policies and new classical economists believe that discretionary policies may be destabilizing. They argue that unpredictability and potential delays in implementing discretionary policy actions can create uncertainty and discourage private sector investment, leading to more economic instability.

The Similarity Between Advocates of Nondiscretionary Policies and the New