Which Statement Is FALSE

question 144

Multiple Choice

Which statement is FALSE?

• A)Wages are not downwardly flexible.
• B)The rational expectations theorists argue that there is a natural level of real GDP toward which the economy gravitates.
• C)The rational expectations theorists believe anti-recession policies have no effect,but admit anti-inflationary policies may be wise.
• D)The rational expectations theorists believe that aggregate supply is the prime economic mover.

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Definitions:

Orphaned Customers

Customers whose salesperson has left the company.

Product Delivery Phase

The stage in the product lifecycle where the product or service is delivered to the customer following purchase.

Relationship With Client

The ongoing interaction and bond between a business and its customers, characterized by trust, loyalty, and mutual benefit.

Prospecting Method

Techniques used to identify potential customers or clients for a business's products or services.