Question

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

Answer 1

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 .