Because Shifts in Aggregate Demand Are Not Viewed as Being

question 102

Multiple Choice

Because shifts in aggregate demand are not viewed as being particularly important to aggregate output fluctuations,they do not see much need for activist policy to eliminate high unemployment. "They" refers to proponents of

• A)the natural rate hypothesis.
• B)monetarism.
• C)the Phillips curve model.
• D)real business cycle theory.

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Definitions:

Births Spacing

The practice or policy of controlling the interval between the birth of children in a family.

Population Growth

The increase in the number of individuals in a population, often measured in terms of birth rates, death rates, immigration, and emigration.

Sterilization

The process of eliminating all forms of life, including microorganisms, from an object or area, typically using chemical agents, heat, or radiation.

Contraceptive Use

The practice of utilizing methods or devices to prevent pregnancy as part of reproductive health and family planning.