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Question
Economists who believe in activist policy making argue that
A) decreases in aggregate demand impact the economy only in the short run.
B) decreases in aggregate demand definitely impact the economy in the short run.
C) only planned changes in the money supply impact the economy.
D) only increases in the minimum wage levels improve economic well -being.
Answer
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Related questions
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Which of the following statements is FALSE?
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The United Statesʹ balance of payments is likely to improve whenA) there is an increase in political instability in other countries.B) the inflation rate in the United States rises relative to other countries.C) the American government increases its spending on foreign aid. D) American people want to invest more in foreign countries.