Macroeconomists
A) agree that prices and markets adjust.
B) differ on how long it takes for prices and markets to adjust.
C) agree that business cycles happen even without government failure.
D) agree that there is some role for government.
E) differ on how big a role government should play in economic policy.
F) all of the above.

Question

Quizplus · Accepted Answer

Macroeconomists have varying opinions on how the economy operates and what the role of government should be in terms of economic policy. While they generally agree that prices and markets adjust, and that business cycles can occur without government failure, they differ on the speed of adjustment and the extent to which government should be involved in the economy. Therefore, all of the given choices are accurate.