Mainstream economists think that
A) market participants change their actions in response to anticipated price-level changes such that no change in real output occurs.
B) the economy self-corrects when unanticipated events divert it from its full-employment level of real output.
C) the downward inﬂexibility of wages and prices may leave the economy stuck in a costly recession for long periods.
D) signiﬁcant changes in technology and resource availability cause macroeconomic instability.

Question

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The Answer of Mainstream economists think that
A) market participants change their actions in response to anticipated price-level changes such that no change in real output occurs.
B) the economy self-corrects when unanticipated events divert it from its full-employment level of real output.
C) the downward inﬂexibility of wages and prices may leave the economy stuck in a costly recession for long periods.
D) signiﬁcant changes in technology and resource availability cause macroeconomic instability.

Mainstream Economists Think That