Those who favor a passive approach to policy often argue that changes in prices and wages will shift the:

a. short-run aggregate supply curve before active policy shifts the aggregate demand curve
b. short-run aggregate supply curve only after active policy shifts the aggregate demand curve.
c. short-run aggregate supply curve more than active policy shifts the aggregate demand curve.
d. short-run aggregate supply curve less than active policy shifts the aggregate demand curve.
e. short-run aggregate supply curve in a direction opposite the shift in the aggregate demand curve


a

Economics

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Economics