It Is Important for Policy Makers to Recognize That Most

Multiple Choice

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

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