In the Long Run, How Would an Active Approach to a Recessionary

question 14

Multiple Choice

In the long run, how would an active approach to a recessionary gap differ from a passive approach to policy?  

• A) In an activist approach, both the price level and the level of real GDP would be higher in the long run. 
• B) In an activist approach, both the price level and the level of real GDP would be lower in the long run. 
• C) In an activist approach, only the price level would be lower in the long run. 
• D) In an activist approach, only the price level would be higher in the long run.

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The condition of skin that has not been broken, damaged, or compromised, which is critical in protecting against infection and disease.

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The site through which microorganisms enter the host body to cause infection or disease.

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