Which of the following schools of economic thought will recommend an expansionary fiscal policy to reduce the unemployment rate?
A) the monetary schools
B) the classical school
C) the Keynesian school
D) the rational expectation school
Correct Answer:
Verified
Q20: John Maynard Keynes was the author of
A)
Q21: The quantity theory of money implies that
Q22: A velocity of _ means money changes
Q23: According to the quantity theory of money,
Q24: If the stock of money is $100
Q26: If the stock of money is $60
Q27: If income is $30 billion, the price
Q28: The velocity of money is 4. If
Q29: Which of the following is assumed constant
Q30: The velocity of money is
A) the number
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