The classical neoclassical monetarist Keynesian refers to the discipline of_____________?
Correct answer: A. economics
- A. economics
- B. anthropology
- C. sociology
- D. psychology
Explanation
Classical, neoclassical, monetarist, and Keynesian are major schools of economic thought, especially concerned with markets, money, employment, and national output. Thus they belong to economics rather than anthropology, sociology, or psychology.
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About Macroeconomics
The economy is studied as a whole through national income, gross domestic product, inflation, unemployment, economic growth and business cycles. Coverage includes aggregate demand and supply, consumption and investment, money and banking, fiscal and monetary policy, exchange rates and balance of payments, which distinguishes macroeconomics from the study of individual markets.
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