The Classically-Based Models (Classical,new Classical,monetarist,real Business Cycle)all Agree That
Multiple Choice
The classically-based models (classical,new classical,monetarist,real business cycle) all agree that
A) markets always clear.
B) monetary policy can affect output in the short-run but not the long-run.
C) business cycles are temporary.
D) changes in aggregate drive most changes in output.
E) None of the above.
Correct Answer:
Verified
Correct Answer:
Verified
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