Economic markets is too complex to model effectively

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Reference no: EM131379118

A) Which of the following believes that modeling of economic markets is too complex to model effectively?

a. Neo-Classicals

b. Classicals

c. Austrians

d. Keynesians

B) Which of the following is most closely associated with "supply-side" economics?

a. Keynesians

b. Monetarists

c. Neo-Keynesians

d. Neo-Classicals

C) Which of the following is schools of thought dominated the economic field prior to the Great Depression?

a. Keynesians

b. Classicals

c. Neo-Keynesians

d. Monetarists

D) "If tax rates are above a certain level, economic activity and revenue to the government will decrease." Which school of thought is most likely to believe this?

a. Neo-Classicals

b. Monetarists

c. Neo-Keynesians

d. Keynesians

E) Which school of thought calls for more information from government policymakers so that consumers can make more rational economic decisions?

a. Neo-Classicals

b. Neo-Keynesians

c. Austrians

d. Keynesians

Reference no: EM131379118

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