When Studying the Effects of Public Policy Changes, What Have

question 48

Multiple Choice

When studying the effects of public policy changes, what have economists often observed?

• A)There is a difference between the long run and short run.
• B)Unemployment and inflation are directly related in the short run.
• C)With stock prices, what goes up must come down.
• D)If the policy is well-designed, it will always be effective.

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