Business, 05.07.2020 16:01 brooklynmikestovgphx
Consider the following statement: "A consistent countercyclical policy has no effect on employment and output, since individuals will recognize those policies as systematic and will anticipate them correctly." This statement is most closely associated with
Select one:
a. classical theory.
b. Keynesian theory.
c. new classical theory.
d. monetarist theory.
Answers: 2
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Consider the following statement: "A consistent countercyclical policy has no effect on employment a...
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