Which Macroeconomic Model Sees Fiscal Policy as Useful and Necessary

question 78

Multiple Choice

Which macroeconomic model sees fiscal policy as useful and necessary?

• A)Traditional classical
• B)Traditional Keynesian
• C)New classical
• D)Monetarists

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Definitions:

Textile Industries

are sectors of the economy dedicated to the production of fibers, yarns, fabrics, and the manufacturing of clothing and other textile products.

Automotive Occupations

Professions involved in the design, development, manufacturing, and maintenance of vehicles.

Chronic Obstructive Pulmonary Disease

A group of lung conditions, including emphysema and chronic bronchitis, that block airflow and make breathing difficult.

Hypoxia

A condition in which the body or a region of the body is deprived of adequate oxygen supply at the tissue level.