Multiple Choice
Which of the following is not an important question that macroeconomic models help clarify?
A) Can governments reduce the severity of their economies' recessions?
B) Is a policy of manipulating interest rates more effective at mitigating short-run economic fluctuations than a policy of changing the tax rates?
C) How will OPEC manipulate and maintain the price of crude oil in the world markets?
D) Is there a trade-off between lower unemployment and lower inflation?
Correct Answer:

Verified
Correct Answer:
Verified
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