Taxes, oil price changes, government spending, interest rate changes, new technologies, and disasters are examples of:
A) long-term economic shocks.
B) short-term economic shocks.
C) political unrest.
D) monetary policy.
E) fiscal policy.
Correct Answer:
Verified
Q3: Which of the following is NOT an
Q4: Which of the following is NOT an
Q5: Which of the following is NOT an
Q6: The long-run model determines _ output and
Q7: Potential output is defined as:
A) the amount
Q9: What is the best definition of the
Q10: One implication of the Keynes quote, "In
Q11: Which of the following is NOT an
Q12: John Maynard Keynes is famous for saying,
Q13: Defining ![]()
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