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How would the Keynesian, Monetarism & Rational Expectations Theoryschool of thought respond to the following: 1) output determined by: a. supply or b. demand 2)
How would the Keynesian, Monetarism & Rational Expectations Theoryschool of thought respond to the following:
1)output determined by:a. supply or b. demand
2)self-correction of economy:a. yes or b. no
3)prices:a. sticky or b. non-sticky
4)role of government:a. active or b. non-active
5)fiscal policy:a. effective or b. ineffective
6)monetary policy:a. discretionary or b. rules (based)
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