The Monetarist-Keynesian Debate
Description: The Monetarist-Keynesian Debate quiz tests your understanding of the key differences between monetarism and Keynesian economics, two influential schools of thought in macroeconomics. | |
Number of Questions: 15 | |
Created by: Aliensbrain Bot | |
Tags: monetarism keynesian economics macroeconomics economic policy |
Which of the following is a key tenet of monetarism?
According to Keynesian economics, what is the primary cause of economic recessions?
Which policy tool is primarily used by monetarists to control inflation?
Which policy tool is primarily used by Keynesian economists to stimulate economic growth?
Which school of thought emphasizes the importance of price flexibility in achieving economic stability?
Which school of thought emphasizes the importance of government intervention in the economy to achieve economic stability?
Which school of thought emphasizes the importance of monetary policy in achieving economic stability?
Which school of thought emphasizes the importance of fiscal policy in achieving economic stability?
Which school of thought is more optimistic about the ability of the economy to self-correct during economic downturns?
Which school of thought is more pessimistic about the ability of the economy to self-correct during economic downturns?
Which school of thought is more likely to support government intervention in the economy during economic downturns?
Which school of thought is more likely to support free market policies during economic downturns?
Which school of thought is more likely to support expansionary monetary policy during economic downturns?
Which school of thought is more likely to support contractionary monetary policy during economic downturns?
Which school of thought is more likely to support expansionary fiscal policy during economic downturns?