A major problem in developing an activist policy is
A) uncertainty about the magnitude of the dynamic multiplier.
B) uncertainty about the length and variability of policy lags.
C) uncertainty about the costs of various policies.
D) All of the above are correct.
D
Economics
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When interest rates rise,
A) borrowing costs decline, and total planned real expenditures decline. B) borrowing costs increase and total planned real expenditures increase. C) borrowing costs decline, and total planned real expenditures increase. D) borrowing costs increase, and total planned real expenditures decline.
Economics
Elastic demand displays considerable:
A. income stretch. B. cross-price stretch. C. price stretch. D. quantity stretch.
Economics