Examlex
All of the following are considered incentive systems except
Countercyclical Intervention
Economic policies or actions taken to counteract the negative effects of economic downturns.
New Classical Economists
A group of economists who believe in the rational expectations theory, advocating that markets generally operate efficiently and that policy interventions often lead to unintended consequences.
Macroeconomic Theory
Macroeconomic theory involves the study and analysis of economy-wide phenomena, including inflation, national income, and unemployment.
Political Philosophy
A branch of philosophy focused on discussing and analyzing various views about who should rule, the nature of just governance, and the role of citizens in a state.
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