Those Who Favor a Passive Approach to Policy Often Argue

question 5

Multiple Choice

Those who favor a passive approach to policy often argue that changes in prices and wages will shift the:

• A)short-run aggregate supply curve before active policy shifts the aggregate demand curve.
• B)short-run aggregate supply curve only after active policy shifts the aggregate demand curve.
• C)short-run aggregate supply curve more than active policy shifts the aggregate demand curve.
• D)short-run aggregate supply curve less than active policy shifts the aggregate demand curve.
• E)short-run aggregate supply curve in a direction opposite the shift in the aggregate demand curve

---

Definitions:

Panic Disorders

Mental health disorders characterized by sudden and repeated episodes of intense fear accompanied by physical symptoms such as chest pain, heart palpitations, shortness of breath, dizziness, or abdominal distress.

Treatment Specificity

The degree to which a particular therapy or treatment method is uniquely effective for a specific ailment or disorder.

Relaxation Training

A therapeutic technique focused on teaching individuals how to effectively relax their minds and bodies to reduce stress and anxiety.

Meta-analysis

A statistical technique that combines the results of multiple scientific studies to arrive at a comprehensive conclusion, enhancing the understanding of trends and efficacy across studies.