A 2010 Survey of Economists Suggested That the _______ Approach

question 83

Multiple Choice

A 2010 survey of economists suggested that the _______ approach is the preferred approach to macroeconomic analysis.

• A) Keynesian
• B) monetarist
• C) new classical
• D) new Keynesian

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Definitions:

Income Distribution

How a nation’s total GDP is distributed amongst its population, affecting economic inequality.

Global South

A term used to describe countries considered lower-income and predominantly situated in the Southern Hemisphere, often focusing on their development challenges.

College Educations

Formal post-secondary training or instruction received at colleges or universities, which can lead to an associate's, bachelor's, master's, or doctoral degree.

Political Stability

Political stability refers to the durability and integrity of a current government regime or political system, often indicating a lack of turmoil or frequent government changes.