Activists-believe that AD is unstable because
A) business and consumer attitudes and expectations shift.
B) monetary policy is variable.
C) fiscal policy effects are unpredictable.
D) Both B and C are correct.
Correct Answer:
Verified
Q20: Non-activists believe that the IS curve is
A)very
Q21: Non-activists believe that postwar instability is primarily
Q22: According to the new classical macroeconomists,each of
Q23: One of describing the debate between activists
Q24: A study of estimated multipliers in the
Q26: The length of money or commodity demand
Q27: A major problem in developing an activist
Q28: A policymaker would prefer that the lag
Q29: The "policy ineffectiveness proposition" of the new
Q30: To be successful in stabilizing AD,the application
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