Multiple Choice
Nonactivists believe that ________.
A) there is a very rapid self-correcting mechanism since prices and wages are very flexible
B) lags to policy implementation are so long that even the "correct" policies may lead to undesirable consequences
C) policy interventions should take place less frequently than what Keynesians advocate
D) all of the above
E) none of the above
Correct Answer:
Verified
Correct Answer:
Verified
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