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Supply-Side Economists Criticize Non Supply-Side Economists For

Question 106

Multiple Choice

Supply-side economists criticize non supply-side economists for:


A) not recognizing the possibility of cost-push inflation.
B) focusing macroeconomic policy mainly on aggregate demand.
C) assuming that households and businesses form rational expectations about complex economic matters.
D) neglecting to note the severe impacts of budget deficits on investment spending.

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