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Which of the following is/are not part of new Keynesian policies? [1] A more flexible labour market where the power of labour is reduced. [2]

Which of the following is/are not part of new Keynesian policies?

[1] A more flexible labour market where the power of labour is reduced.

[2] Flexible monetary and fiscal policy rules in order to anchor the economy.

[3] Monetary policy interventions to combat severe aggregate demand or supply shocks to the economy.

[4] Smoothing out the upswings and downswings of the business cycle.

[5] Inflation targeting.

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