Which of the following statements is true?
A) Monetary and fiscal policy can be used to affect unemployment rate in the short run but not in the long run.
B) Monetary policy can be used to affect unemployment rate in the short run, and fiscal policy can be used to affect unemployment in the long run.
C) Fiscal policy can be used to affect unemployment rate in the short run, and whole monetary policy can be used to affect the unemployment in the long run.
D) Both monetary and fiscal policy can be used to affect the unemployment rate in the short run and the long run.
Correct Answer:
Verified
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A) real
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Q26: Which of the following statements is true?
A)
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Q28: Most economists agree that an expansionary fiscal
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Q31: If the full employment level of output
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Q33: If the full employment level of output
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