Nonactivists of policies contend that a policy of shifting the aggregate ________ curve will be costly because it produces ________ volatility in both the price level and output.
A)supply;less
B)supply;more
C)demand;less
D)demand;more

Question

Quizplus · Accepted Answer

Nonactivists argue that shifting the aggregate demand curve can lead to more volatility in the price level and output, as it may cause fluctuations and instability in the economy.

Nonactivists of Policies Contend That a Policy of Shifting the Aggregate