Which School of Thought Believes That Recessions Are the Result

question 117

Multiple Choice

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

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

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Definitions:

Common Cold

A widely prevalent, contagious viral infection of the upper respiratory tract, resulting in symptoms like sneezing, coughing, sore throat, and runny nose.

Innate Immune System

The non-specific first line of defense against pathogens, consisting of physical barriers, immune cells, and proteins.

Specific Immune System

Refers to the part of the immune system that provides long-term immunity against pathogens, by recognizing and remembering specific antigens.

Acquired Immune System

The part of the immune system that develops antibodies in response to exposure to pathogens, as opposed to innate immunity which individuals are born with.