New Classical Economists Differ from Traditional Classical Economists Because New

question 63

Multiple Choice

New classical economists differ from traditional classical economists because new classical economists

• A)Focus on budget restraint and the use of monetary policy when the economy overheats.
• B)Believe people's rational expectations will lead them to offset government policy.
• C)Believe that economic failures are inherent in a capitalist economy.
• D)Believe tax cuts and government spending should be used to increase demand and output.

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