18. The term \"job creators\" is most closely associated with / Keynesian/ Monet

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18. The term "job creators" is most closely associated with / Keynesian/ Monetarist / Supply-side) Theory. (Classical 19. Supply-Side economists see possibilities for overcoming stagflation in the application of policies that impact the curve by causing it to unchanged). (AD / AS /Philips/ Laffer) (increase / decrease / stay neutral /remain _20. Those who follow Monetarist Theory believe that discretionary fiscal and 21. Monetarists believe that policymakers should employ a nondiscretionary 22, when inflation and unemployment problems exist simultaneously in the monetary policy works(all / some/ most/none) of the time. approach to solving all economic problems by following economy, the problem is called .

Explanation / Answer

18. The term 'Job creators' is closely associated with Supply side theory.

19. Supply side economists see possibilities for overcoming stagflation in the application of policies that impact the Aggregate supply curve by causing it to increase.

20. Those who follow Monetarist theory believe that discretionary fiscal and monetary policy works none of the time.

21. Monetarists believe that policymakers should employ a nondiscretionary approach to solving all economic problems by following steps / policies that lead to increase in the money supply.

22. When inflation and unemployment problems exist simaltaneously in the economy, the problem is called stagflation.

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