Multiple Choice
One of the main sources of disagreement amongst economists about macroeconomic policy is:
A) a fundamental disagreement about the role of taxation.
B) how far and how quickly macroeconomic variables adjust in response to changing economic conditions.
C) whether the marginal propensity to consume can be calculated accurately.
D) the fact that the IS-LM model has no relevance at all to a modern developed economy.
Correct Answer:
Verified
Correct Answer:
Verified
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