According to Economists Who Support Passive Policymaking

Multiple Choice

According to economists who support passive policymaking

A) there is no difference between the effect of an anticipated change in aggregate demand and the effect of an unanticipated change in aggregate demand of an identical amount.
B) workers always consider a change in nominal wages to be a change in real wages.
C) expansionary policies can reduce unemployment without increasing the price level.
D) policies that attempt to exploit the Phillips curve trade-off will eventually become ineffective for reducing unemployment.