An Economist from Which of the Following Schools of Thought

question 66

Multiple Choice

An economist from which of the following schools of thought would most likely say - "An increase in government expenditure will only increase inflation, because the aggregate supply curve is vertical"?

• A) Neoclassical economics
• B) Traditional classical economics
• C) New Keynesian economics
• D) Keynesian economics
• E) Marxist economics

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