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MCQ 9

clipped from www.bized.co.uk
An important difference between the approaches of the classical and Keynesian economists use to achieve a macroeconomic equilibrium is that


(Select one answer)






(a) * Keynesian economists actively promote the use of fiscal policy; the classical economists do not

(b) * Keynesian economists actively promote the use of monetary policy to improve aggregate economic performance; classical economists do not

(c) * classical economists believe that monetary policy will certainly affect the level of output; Keynesians believe that money growth affects only prices

(d) * classical economists believe that fiscal policy is an effective tool for achieving economic stability; Keynesians do not

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