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Ao9 Ao9
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8 years ago
To support the argument for an active role for government in stabilizing the economy, it must be true that
A) consumers are not rational and that not all wages and prices are flexible.
B) not all wages and prices are flexible and that government must be able to react quickly enough.
C) shocks to the economy be primarily due to aggregate supply shocks and that consumers are not rational.
D) government must be able to react quickly enough and that shocks to the economy be primarily due to aggregate supply shocks.
Textbook 
Macroeconomics

Macroeconomics


Edition: 5th
Author:
Read 119 times
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GordisGordis
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8 years ago
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Ao9 Author
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#2
8 years ago
You're sharp, thanks!
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#3
8 years ago
Glad to help...
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