It Is Important for Policymakers to Recognize That Most Macroeconomic

Multiple Choice

It is important for policymakers to recognize that most macroeconomic variables are characterized by

A) long-run trends and short-run fluctuations.
B) gradual increases over long periods of time.
C) short-run fluctuations that need to be smoothed for a well-functioning economy.
D) long-run economic growth.
E) the impacts of the business cycle.