The Theory That Argues Most Strongly for Countercyclical Policy Activism

question 62

Multiple Choice

The theory that argues most strongly for countercyclical policy activism is

• A) Keynesian economics.
• B) classical economics.
• C) monetarism.
• D) rational expectations theory.

---

Definitions:

Sugar Pills

Placebo tablets with no therapeutic effect, often used in clinical trials to compare the effectiveness of actual drugs.

Analgesics

Medications designed to relieve pain without causing the loss of consciousness.

Noceboes

Negative health effects or outcomes resulting from a patient's expectations and beliefs about the ineffectiveness of a treatment or medication.

Humanistic-Existential Perspective

A psychological approach focusing on individual free will, personal growth, and the concept of self-actualization.