Those who favor active policymaking argue that all of the following exist EXCEPT

Name: Those who favor active policymaking argue that all of the following exist EXCEPT
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Question

Quizplus · Accepted Answer

Those who favor active policymaking argue that wages and prices are not perfectly flexible, that inflation and unemployment may not be stable in the short run and predictable in the long run, that pure competition is not typical, and that aggregate demand shocks can influence real GDP and unemployment. Therefore, option A is not true.

Those Who Favor Active Policymaking Argue That All of the Following