According to the New Classical Model

question 14

Multiple Choice

According to the new classical model,

• A)unanticipated policy has no effect on the business cycle.
• B)only anticipated policy can influence the business cycle.
• C)anticipated policy has no effect on the business cycle.
• D)unanticipated policy may or may not have an effect on the business cycle.

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Definitions:

Social Control Theory

A theory in sociology that suggests that people's relationships, commitments, values, norms, and beliefs encourage them not to break the law.

Common Value System

A set of shared beliefs, norms, and values that guide the behavior of members within a society or group.

Mass Incarceration

refers to the substantial increase in the number of people incarcerated in the United States beginning in the late 20th century, often as a result of changes in law and policy that led to longer sentences and harsher penalties for crimes.

Historic Persecution

The systemic and prolonged mistreatment of an individual or group by another, often characterized by violence, oppression, and discrimination based on identity or beliefs.