Author Question: The neoclassical synthesis A) was a name coined by Keynes himself for his new theories. B) ... (Read 35 times)

neverstopbelieb · **on:** Jun 30, 2018

The neoclassical synthesis

A) was a name coined by Keynes himself for his new theories.
B) rejected virtually all of Keynes' insights.
C) held that econometric models of the economy could not be used to predict the future.
D) held that economy always operated at or very near the natural rate of unemployment.
E) was the dominant school of thought among economists in the 1950s and 1960s.

Question 2

Liquidity preference refers to the theory of

A) money demand.
B) consumption.
C) investment.
D) expectations.