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

Question

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Passive policymaking proponents typically believe in the economy's self-correcting nature, assuming conditions like flexible wages and prices (A), a non-stable or non-existent trade-off between inflation and unemployment over different time frames (B), and the prevalence of pure competition (C). They generally do not believe that aggregate demand shocks have a lasting impact on real GDP and unemployment (D), as they trust in the market's ability to adjust and stabilize itself without active intervention.

Those Who Favor Passive Policymaking Argue That All of the Following