Which of the Following Groups of Economists Perceive the Economy

question 3

Multiple Choice

Which of the following groups of economists perceive the economy as essentially stable and self-correcting?

• A) Keynesians, monetarists, and classical economists
• B) Classical economists, monetarists, and new classical economists.
• C) Monetarists, classical economists, and socialists
• D) Classical economists, Keynesians, monetarists, and new classical economists.

---

Definitions:

Functional Structure

an organizational configuration that groups together employees based on their specific functions or roles within the company.

Divisional Structural Form

An organizational structure where operations are divided into autonomous divisions based on product, service, market, or geographic location.

Matrix Structure

An organizational structure that combines two or more types of departmentalization, often product and functional, giving rise to a complex grid of interdepartmental relationships.

Horizontal Structure

An organizational design that minimizes hierarchical levels, promoting a decentralized decision-making process, and encouraging collaboration across departments.