Multiple Choice
If most shocks to the economy are ________ shocks,then ________.
A) aggregate demand;inflation stabilization policy will also stabilize activity in the short-run
B) permanent aggregate supply;inflation stabilization policy will also stabilize activity in the short-run
C) temporary aggregate supply;inflation stabilization policy has no impact on economic activity in the long-run
D) all of the above
E) none of the above
Correct Answer:

Verified
Correct Answer:
Verified
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