Multiple Choice
Which of the following is correct?
A) Economic forecasts are precise and aggregate spending responds almost immediately to interest rate changes.
B) Economic forecast are precise and aggregate spending responds to interest rate changes with a lag.
C) Economic forecasts are imprecise and aggregate spending responds almost immediately to interest rate changes.
D) Economic forecast are imprecise and aggregate spending responds to interest rate changes with a lag.
Correct Answer:
Verified
Correct Answer:
Verified
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