Which of the following government policies would be supported by neoclassical macroeconomic assumptions?
A. focus on long-term growth and on controlling inflation
B. focus on short-term recession and controlling inflation
C. focus on combating depression and cyclical unemployment
D. focus on real GDP and cyclical unemployment
Answer:A
Which of the following government policies would be supported by neoclassical macroeconomic assumptions?
A. focus on long-term growth and on controlling inflation B. focus on short-term recession and controlling inflation C. focus on combating depression and cyclical unemployment D. focus on real GDP and cyclical unemployment
Explanation: Type: Multiple Choice