The level of income is unchanged in response to unanticipated anti-inflation policy in ________
A) real business cycle theory
B) traditional Keynesian theory
C) new Keynesian theory
D) post classical theory
A
Economics
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Fiscal policy has shorter implementation lag times than monetary policy
Indicate whether the statement is true or false
Economics
"Scarcity implies that some way of rationing goods must be found." Explain what this statement means. How is this rationing done?
What will be an ideal response?
Economics