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Economics, 6/e
Stephen L. Slavin

Twentieth-Century Economic Theory

Chapter 15 - Twentieth-Century Economic Theory



1

Fiscal policy as a countercyclical tool was emphasized by the school of economics.
2

The Laffer Curve is a basic tenet of the school of economics.
3

The monetarists believe that the money supply should be increased at a .
4

The rational expectationists and the classical economists shared the belief that if there were a recession, the government should .
5

Milton Friedman was a prominent member of the School of economic thought.