Which of the Following Is Consistent with an Active Approach

question 59

Multiple Choice

Which of the following is consistent with an active approach to policy?

• A)The natural rate of unemployment being uncertain
• B)Wages and prices being relatively quick to adjust
• C)The short-run aggregate supply curve being slow to shift in the presence of a recessionary gap
• D)The size of the multiplier being irrelevant
• E)The aggregate demand curve being slow to shift in the presence of a recessionary gap

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Definitions:

Dynamic Pricing

A pricing strategy where prices are adjusted in real-time based on market demand, competition, and other external factors.

Online Shopping

The act of purchasing products or services over the Internet through virtual stores or e-commerce platforms.

Shipping and Handling

The process and cost involved in preparing and transporting goods from one place to another.

Self-regulatory Efforts

Initiatives undertaken by industries or companies to police themselves by adhering to internal rules or guidelines, often to prevent external regulation.