The classically-based models (classical, new classical, monetarist, re

The classically-based models (classical, new classical, monetarist, real business cycle) all agree that

a. markets always clear.
b. monetary policy can affect output in the short-run but not the long-run.
c. changes in aggregate drive most changes in output.
d. stabilization policy is ineffective.
e. None of the above

ANSWER

D