Activists of the Policies Believe That

question 53

Multiple Choice

Activists of the policies believe that

• A)the self-correcting mechanism through wage and price adjustment is very slow.
• B)wages and prices are sticky.
• C)the government needs to pursue active policy to eliminate high unemployment when it develops.
• D)all of the above.

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Definitions:

Audacious Project

A bold, ambitious initiative aimed at tackling significant challenges or achieving groundbreaking results.

Social Entrepreneurs

Individuals who pursue innovative solutions to social problems with the aim to create social value rather than just profit.

Philanthropists

Individuals or organizations that actively seek to promote the welfare of others, typically through generous donations of money to various causes.

TEA

Total Entrepreneurial Activity; a metric used to measure the percentage of the adult working-age population who are either a nascent entrepreneur or owner-manager of a new business.