Economists who favor policy activism argue that the United States economy is NOT always in equilibrium because

Question

Quizplus · Accepted Answer

Economists who favor policy activism argue that the United States economy is not always in equilibrium due to wage and price rigidities. These rigidities can lead to market inefficiencies and imbalances, which require government intervention to correct. The other options (A, B, and C) may have an impact on the economy, but they do not directly relate to the concept of equilibrium.

Economists Who Favor Policy Activism Argue That the United States