Which of the following policy recommendations, if any, areconsistent with the classical
Chapter 6, Problem 16(choose chapter or problem)
Which of the following policy recommendations, if any, areconsistent with the classical, Keynesian, monetarist, and/ormodern consensus views of the macroeconomy?a. Since the long -run growth of GDP is 2%, the money supplyshould grow at 2%.b.Decrease government spending in order to decrease inflationarypressure.c. Increase the money supply in order to alleviate a recessionarygap.d.Always maintain a balanced budget.e. Decrease the budget deficit as a percent of GDP when facinga recessionary gap.
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