Because People May Change How They React When Economic Policies

question 35

Multiple Choice

Because people may change how they react when economic policies are changed, comparing macroeconomic models is

• A) difficult.
• B) impossible.
• C) not attempted by legitimate economists.
• D) only effective for long-run analysis.

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Definitions:

O*NET

The Occupational Information Network, a free online database that provides detailed descriptions of the world of work for use by job seekers, workforce development and HR professionals, and researchers.

Employment Outlook

The projected trends and prospects in job availability and market demand within various industries.

Work Activities

Tasks or duties performed as part of one's job or occupation.

Organizational Socialization

The process by which organizational members become a part of, or are absorbed into, the culture of the organization.