Which of the Following Groups Believes Monetary Policy to Be

question 71

Multiple Choice

Which of the following groups believes monetary policy to be effective for fighting inflation but not for changing real output?

• A)Keynesian economists.
• B)Classical economists.
• C)Monetarists.
• D)Neo-Keynesian economists.

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Definitions:

Cognitive Therapy

A form of psychotherapy that emphasizes the importance of thinking patterns in influencing behavior and emotions, aiming to change negative thought patterns.

Attention Deficit Hyperactivity Disorder (ADHD)

A neurodevelopmental disorder characterized by inattention, hyperactivity, and impulsivity.

Internalized Beliefs

Deeply held convictions or attitudes that individuals accept as true and that influence their behavior and perception.

Homeless Individual

A person without a permanent dwelling who may live on the streets, stay in shelters, missions, abandoned buildings, or in unstable living conditions.