Use the following list of modern macroeconomic theories in order to describe the following statement: Discretionary fiscal and monetary policies are effective tools of economic stabilization.
A) Keynesian economics
B) Monetarism
C) The theory of rational expectations
D) New Classical Economics
E) Supply-side economics
Correct Answer:
Verified
Q77: According to the monetarists
A)the supply of money
Q78: Monetarists
A)argue for the use of discretionary monetary
Q79: Monetarists advocate that the
A)money supply should be
Q80: The theory of rational expectations concludes that
A)the
Q81: Economists favoring the rational expectations theory maintain
Q83: According to the monetary rule,for price stability
Q84: Use the following list of modern macroeconomic
Q85: Statement I: Rational expectationists believe that people
Q86: Upon which of the following propositions are
Q87: The Laffer curve is based upon the
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents