Examlex
Which psychologists have identified various defense mechanisms that allow us to reduce anxiety caused by stressful situations or our own shortcomings?
Rational Expectations
The hypothesis that forecasts of future values of economically relevant variables are based on all available information and are therefore optimal.
Keynesians
Followers and theorists of Keynesian economics, which emphasizes the need for government intervention in economies to manage output and demand through fiscal and monetary policies.
Classical School
A school of economic thought that emphasizes the importance of free markets, competition, and the self-regulating nature of economies.
Monetarists
Economists convinced that fluctuations in the money supply play a crucial role in influencing short-term national output and affect price levels over the long term.
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