Which school of thought emphasizes the importance of microeconomic foundations in macrocconomic analysis and believes that markets generally clear through the rational behavior of economic agents?

A) Classical and Neoclassical

B) Keynesian

C) Monetarist

D) New Classical

Question

Which school of thought emphasizes the importance of microeconomic foundations in macrocconomic analysis and believes that markets generally clear through the rational behavior of economic agents?

A) Classical and Neoclassical

B) Keynesian

C) Monetarist

D) New Classical

Anonymous · Answer

The school of thought that emphasizes the importance of microeconomic foundations in macroeconomic analysis and believes that markets generally clear through the rational behavior of economic agents is:

D) New Classical

Which school of thought emphasizes the importance of microeconomic foundations in macrocconomic analysis and believes that markets generally clear through the rational behavior of economic agents?

1 Answer