Most economists think that the economy's self-correcting mechanism is
A) relatively rapid.
B) rapid in the short run and sluggish in the long run.
C) sluggish in the short run and rapid in the long run.
D) relatively sluggish.
Correct Answer:
Verified
Q131: If an economy's resources are fully employed,
A)a
Q132: In the fall of 2007, most economists
Q133: Figure 33-7 Q134: Figure 33-6 Q135: Most economists agree that the self-correcting mechanism Q137: The Phillips curve is a statistical relationship Q138: Figure 33-6 Q139: Figure 33-7 Q140: In 2008-2010, American policymakers decided to risk Q141: Figure 33-8 Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents
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A)higher
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