Which of the Following Schools of Thought Among Economists Believe

question 48

Multiple Choice

Which of the following schools of thought among economists believe that unexpected changes in the money supply can affect output in the short run?

• A)Only new Keynesian
• B)Only new Keynesian and new classical
• C)Only new Keynesian and real business cycle
• D)New Keynesian, new classical, and real business cycle

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Definitions:

Event-Based Task

A task in computing that is triggered by the occurrence of specific events, rather than being executed in a continuous loop.

Periodic Task

A task that is scheduled to run or execute at regular intervals.

Programs

Instructions written in a programming language that a computer or device executes to perform specific tasks.

Task

A specific piece of work or operation to be performed, often part of a larger process or system functionality.