_____ believe that a government that takes an active role in the economy may do more harm than good because economic policy operates with a long and variable lag

a. Traditional Keynesians
b. Keynesians
c. Monetarists
d. Classical economists
e. New classical economists

c

Economics

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The above table gives data for the nation of Mojo. At what level of real GDP is the unplanned inventory change equal to $1.75 trillion?

A) $12.0 trillion B) $6.0 trillion C) $9.0 trillion D) $3.0 trillion E) $0.0 trillion

Economics

If marginal benefit is greater than marginal cost, output is inefficiently high

Indicate whether the statement is true or false

Economics