Asked by ritika sharma on May 18, 2024
Verified
Non-interventionists include all of the following,except
A) new classical economists.
B) supply-side economists.
C) Keynesian economists.
D) monetarists.
E) rational expectationists.
Non-interventionists
Advocates or policies favoring minimal political or military involvement by a country in international affairs.
Keynesian Economists
Economists who follow the principles of Keynesian economics, emphasizing the role government policy and fiscal measures play in managing economic cycles.
- Acquire knowledge of distinct economic theories and their main supporters.
- Distinguish among the various economic strategies promoted by distinct economic thought schools.
Verified Answer
BY
Bruce YeungMay 24, 2024
Final Answer :
C
Explanation :
Keynesian economists are not typically associated with non-interventionist policies, as they advocate for government intervention in the economy to stabilize it during economic downturns. The other options listed are all associated with non-interventionist policies.
Learning Objectives
- Acquire knowledge of distinct economic theories and their main supporters.
- Distinguish among the various economic strategies promoted by distinct economic thought schools.
Related questions
The Classical Economists Believed That Recessions ...
Lowering Tax Rates Was the Main Priority of the
Each of the Following Was Considered a Proponent of Supply-Side ...
The Monetarists Believe That an Increase in the Money Supply ...
Statement I: Monetarists Argue That Discretionary Economic Policies Are Destabilizing ...