When the Economy Is on the Flatter Part of the Short

question 15

Multiple Choice

When the economy is on the flatter part of the short run aggregate supply curve, efforts to change inflation with monetary policy will be ____ successful and efforts to stimulate the economy will be ____ successful.

• A)​More; more
• B)​More; less
• C)​Less; more
• D)​Less; less

---

Definitions:

Prescriptive

Pertaining to the detailed specification of a set of recommendations or rules designed to solve a problem or improve a situation.

Restrictive

Describing policies, practices, or measures that limit or control the actions and freedoms of individuals or groups.

Internal Control

Processes adopted by organizations to ensure the integrity of financial and accounting information, promote accountability, and prevent fraud.

Data Integrity

The accuracy, consistency, and reliability of data throughout its lifecycle, ensuring it remains intact and unaltered from its original state.