True/False
According to the new classical economists, long-run equilibrium can be attained in a relatively short time period, such as a year or two.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q17: Which of the following can lead to
Q18: The Taylor rule is used to link
Q19: Potential GDP is the level of output
Q20: When an output gap exists, fiscal or
Q21: The long-run aggregate supply curve is _.<br>A)
Q23: When an economy is producing at a
Q24: According to the quantity theory of money:<br>A)
Q25: For businesses, it is important to consider
Q26: Which of the following is true for
Q27: Since falling prices benefit customers, deflation is