Author Question: The main debate during the 1960s was A) between Keynesians and classicals. B) between new ... (Read 88 times)

casperchen82 · **on:** Jun 30, 2018

The main debate during the 1960s was

A) between Keynesians and classicals.
B) between new Keynesians and new classicals.
C) between Keynesians and monetarists.
D) between new Keynesians and monetarists.

Question 2

Both the new classical and new Keynesian models had in common the belief that

A) in the medium run, output returns to its natural level.
B) output is always at its natural level.
C) in the short run, output would likely deviate from its natural level.
D) none of the above