Classical Macroeconomists Recommend

question 133

Multiple Choice

Classical macroeconomists recommend

• A)policies that actively offset changes in long-run aggregate supply that result in negative economic growth.
• B)an increase in the quantity of money to offset decreases in aggregate demand and a decrease in the quantity of money to offset increases in aggregate demand.
• C)policies that actively offset changes in aggregate demand that bring recession.
• D)policies that minimize the disincentive effects of taxes on employment, investment, and technological change.
• E)all of the above

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Definitions:

Conscientiousness

A personality trait characterized by organization, dependability, and a strong sense of duty or responsibility.

Big Five

A psychological theory describing five core dimensions of human personality: Openness, Conscientiousness, Extraversion, Agreeableness, and Neuroticism.

Conscientiousness

A personality trait characterized by diligence, carefulness, and a high level of responsibility.

Extraversion

A feature marked by an inclination towards being sociable, lively, and engaging.