Millionaire Mode

New Classical Economics and Monetary Policy

Question 1 of 14

What is the main assumption of New Classical Economics?

  1. Individuals are rational and make decisions based on perfect information.
  2. The economy is always at full employment.
  3. Prices are flexible and adjust quickly to changes in supply and demand.
  4. All of the above.

Prize Money

15₹7 Crores
14₹1 Crore
13₹50,00,000
12₹25,00,000
11₹12,50,000
10₹6,40,000
9₹3,20,000
8₹1,60,000
7₹80,000
6₹40,000
5₹20,000
4₹10,000
3₹5,000
2₹2,000
1₹1,000