Multiple Choice
Which of the following is an area of substantial agreement among macroeconomists?
A) Expansionary policies that lead to inflation can keep the actual rate of unemployment below the natural rate.
B) It is relatively easy to time shifts in monetary policy in a manner that will promote economic stability.
C) Price stability is a proper goal of monetary policy.
D) It is relatively easy to time shifts in fiscal policy in a manner that will promote economic stability.
Correct Answer:
Verified
Correct Answer:
Verified
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