_____ answers NO to all five key questions about whether macroeconomic policy, either monetary or fiscal, can help fight recession, reduce unemployment, or should be used in a discretionary way.
A)Classical macroeconomics
B)Keynesian economics
C)Rational expectations theory
D)Monetarism

Question

Quizplus · Accepted Answer

Classical macroeconomics is based on the idea that markets will naturally adjust to reach equilibrium and government intervention can only lead to inefficiencies. It rejects the use of monetary or fiscal policy for stabilizing the economy and reducing unemployment.

_____ Answers NO to All Five Key Questions About Whether