Critics of Stabilization Policy Argue That

question 146

Multiple Choice

Critics of stabilization policy argue that

• A)policy affects aggregate demand quickly, but the effects on aggregate demand are long-lived.
• B)policy affects aggregate demand with a lag, and the effects on aggregate demand are long-lived.
• C)policy affects aggregate demand with a lag, but the effects are short-lived.
• D)policy does not affect aggregate demand.