Macroeconomists agree
A) that prices and markets adjust, but differ on how long it takes.
B) that business cycles happen even without government failure.
C) that there is some role for government, but differ on how big a role.
D) on all of the above.
E) on none of the above.

Question

Quizplus · Accepted Answer

Macroeconomists generally agree that prices and markets adjust, although they may differ on how quickly this happens. They also generally agree that business cycles occur regardless of government intervention, although they may differ on the extent to which government should be involved in addressing economic issues. Therefore, all of the given options are likely to be something that macroeconomists agree upon.

Macroeconomists Agree