Which of the Following Statements Is False with Regard to the Effect

question 11

Multiple Choice

Which of the following statements is false with regard to the effect of macroeconomic policies?

• A)they generally cause shifts in the aggregate demand curve
• B)they can possibly increase long-run growth
• C)they can help correct supply shocks that increases production costs but only at the expense of even higher inflation
• D)they always cause shifts in the long-run aggregate supply curve

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Definitions:

Prospect's Objection

Concerns or reasons given by a potential buyer for hesitating or declining to purchase a product or service.

FAB Sequence

A sales technique that highlights the Features, Advantages, and Benefits of a product or service to the customer.

Major

In the context of education, it refers to a student's primary field of study or specialization in college or university.

Minor Objections

Smaller or less significant concerns expressed by a potential buyer, often seen as easier to overcome in the sales process.