Millionaire Mode

The New Classical Macroeconomics

Question 1 of 15

The New Classical Macroeconomics is based on the assumption that:

  1. Economic agents are rational and make decisions based on perfect information.
  2. The economy is always in equilibrium.
  3. Government intervention is necessary to stabilize the economy.
  4. The Phillips curve is a trade-off between inflation and unemployment.

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