The rational expectations concept is most closely associated with

A) Keynesians.
B) Monetarists.
C) Supply-siders.
D) New classical macroeconomists.

Rational Expectations

An economic theory that proposes people make choices based on rational judgements, accessible information, and previous experiences.

New Classical

An approach in economics emphasizing rational expectations and market clearing, often associated with a resurgence of classical economic principles.

Macroeconomists

Economists who specialize in studying the overall aspects of economies, including total output, unemployment, inflation, and economic growth.