13.If decision makers adjust fully to demand stimulus policies, persistent expansionary macro-policy will lead toGroup of answer choices-inflation with no lasting reductions in unemployment.-a permanent reduction in unemployment.-lower interest rates.-more rapid economic growth.

Asked Nov 8, 2019


If decision makers adjust fully to demand stimulus policies, persistent expansionary macro-policy will lead to
Group of answer choices
-inflation with no lasting reductions in unemployment.
-a permanent reduction in unemployment.
-lower interest rates.
-more rapid economic growth.

Expert Answer

Step 1

The expansionary-macro policy seeks to encourage economic growth of an economy by using the expansionary monetary policy or the ...

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