Which School of Thought Believes That Recessions Are the Result

question 279

Multiple Choice

Which school of thought believes that recessions are the result of inappropriate monetary policy?

• A) both Keynesian and classical
• B) only classical
• C) only Keynesian
• D) Monetarist

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Definitions:

Understand Speech

The cognitive process of interpreting and comprehending spoken language.

Forebrain

The forebrain is the largest part of the brain, responsible for a variety of functions including motor control, emotion, reasoning, and learning.

Cerebellum

A region of the brain that plays an important role in motor control, and also in some cognitive functions like attention and language.

Cerebral Cortex

The outer layer of the cerebrum, playing a key role in memory, attention, perception, cognition, awareness, thought, language, and consciousness.