Classical and new classical economics focus on the relationship between total output and:
A) inflation.
B) price levels.
C) the money supply.
D) aggregate demand.
Correct Answer:
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Q101: The monetarist school advocates:
A) reducing taxes and
Q102: A typical monetarist would favor:
A) free markets
Q103: The basic position of supply-side economics is:
A)
Q104: Supply-side economics calls for:
A) regulatory reform to
Q105: Classical economics, new classical economics, monetarism, and
Q107: Keynesian and new Keynesian economics focus on
Q108: Which of the following arguments was NOT
Q109: In assessing macroeconomic policy proposals, it must
Q110: Which of the following is most likely
Q111: The expressions "open economy"and "closed economy"refer to
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