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  3. Study Set
    Economics A Contemporary Introduction
  4. Exam
    Exam 17: Macro Policy Debate: Active or Passive
  5. Question
    According to Those Who Favor a Passive Approach to Policy,a
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According to Those Who Favor a Passive Approach to Policy,a

Question 134

Question 134

Multiple Choice

According to those who favor a passive approach to policy,a recessionary gap will be eliminated because


A) prices and wages rise rapidly
B) prices and wages are flexible
C) the aggregate demand curve will shift to the right
D) the economy automatically slows down
E) the aggregate demand curve will shift to the left

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