Keysian
This economist is considered the father of Keynesian Theory.
John Maynard Keynes
Classical economists believe in this ‘invisible’ economic force that regulates the market.
invisible hand
Neoclassical economics relies heavily on these two utility concepts for decision-making.
marginal utility and marginal cost
Monetarism emphasizes control over this economic aspect.
Money Supply
This is the only planet in our solar system that rotates on its side.
Uranus
What does keysian economics say the government should be?
Involved with economics
Classical economics strongly relies on this concept for a self-maintaining economy.
Laissez Faire
This theory suggests individuals act in this way, aiming to maximize personal outcomes.
rational behavior
This famous economist is associated with Monetarism.
Milton Friedman
The Nile River flows into this body of water
Mediterranean Sea
According to keyenesian if the government provide more jobs than people will ....
Spend more money
if something is wrong with the market the market will...
Self correct
consumer would like to maximize their what?
Satisfaction
Monetarists believe inflation is always a result of changes in this.
the rate of money supply growth
This mountain range separates Europe from Asia.
Ural Mountains
Keysian view of economics is most applied in the short run or the long run?
Short Run
what type of trade doe classical economics favor?
Free trade
Consumer make decisions based on?
Information
Monetarist believe that the economy is inherently ....
unstable
This element's chemical symbol is 'Au'
Gold
According to keysian if you manage interest rates you can influence what
Borrowing and investments
Who wrote wealth of nations?
Adam Smith
People make decisions dependently or independently?
Independently
Monetarism believes in what type of banking system
Central Banking
Known as the Sun King, this monarch reigned over France for 72 years.
Louis XIV