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Nonactivists of Policies Contend That a Policy of Shifting the Aggregate

question 14

Multiple Choice

Nonactivists of policies contend that a policy of shifting the aggregate ________ curve will be costly because it produces ________ volatility in both the price level and output.


Definitions:

Equation

An assertion in mathematics that two expressions, often containing variables and constants, are equivalent.

Trinomial

A polynomial equation or expression that consists of three terms.

Integers

Integers encompass whole numbers that may be negative, positive, or zero but exclude any fractional or decimal numbers.

Factor

To break down a number or expression into its constituent parts that, when multiplied together, give the original number or expression.

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