51. Who is known for the theory of “dynamic stochastic general equilibrium” (DSGE) models in macroeconomics?
a) Robert Lucas Jr.
b) Paul Krugman
c) Milton Friedman
d) Joseph Stiglitz
52. Who is known for the concept of “real business cycle theory” in macroeconomics?
a) Robert Solow
b) Finn E. Kydland
c) Thomas Sargent
d) Robert Shiller
53. Who is considered one of the founders of the “Austrian School of Economics”?
a) Joseph Schumpeter
b) Ludwig von Mises
c) Friedrich Hayek
d) Carl Menger
54. Who is known for the concept of “liquidity trap” in macroeconomics?
a) John Maynard Keynes
b) Paul Samuelson
c) Milton Friedman
d) Robert Solow
55. Who is known for the theory of “rational expectations” in macroeconomics?
a) Robert Lucas Jr.
b) Joseph Stiglitz
c) Paul Krugman
d) Milton Friedman
