New Keynesian Economists Generally Argue That

question 282

Multiple Choice

New Keynesian economists generally argue that

• A)there is an exploitable tradeoff between unemployment and inflation.
• B)changes in aggregate demand will have relatively greater effects on real GDP when firms change prices less frequently.
• C)activist policy can be used to reduce the fluctuations in real GDP.
• D)all of the above

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Community Assessment

A systematic process for identifying the needs, challenges, and resources within a community to inform planning and interventions for health, social, and economic development.

Social System

An organized and structured arrangement of social institutions, relationships, and patterns of behavior that work together to fulfill social needs.

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An organization or system that governs a community, state, or nation, making and enforcing laws.