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mart [117]
3 years ago
8

Christina is an economist who believes that shifts in aggregate demand cause both a change in real output and the price level. S

he believes that an economic recession will not necessarily self-correct in the long run, and therefore she believes that active fiscal and monetary policy is justified to smooth out the business cycle. Christina is best described as a _____.
A.classical economist.B.Keynesian economist.C.supply-side economist.D.monetarist.E.rational expectations economist.
Business
1 answer:
Arada [10]3 years ago
4 0

Answer:

B.Keynesian economist

Explanation:

Keynesian economist -

It was developed in 1930s by John Maynard Keynes , a British economist .

It is the theory of the total spending in the economy and its effect on inflation and output .    

It is a demand - side theory which focus on the changes in the economy on short run .

Hence , Christina is best described as a Keynesian economist .

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