It has been suggested that nonactivists are not concerned with the level of Real GDP and unemployment

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It has been suggested that nonactivists are not concerned with the level of Real GDP and unemployment because most (if not all) nonactivist monetary proposals set stabilization of the price level as their immediate objective. Discuss.

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Economics

ISBN: 978-1285738321

12th edition

Authors: Roger A. Arnold

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Question Posted: Feb 12, 2016 07:29 AM

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It has been suggested that nonactivists are not concerned with the level of Real GDP and unemployment

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This is a false charge since most nonactivists belie...View the full answer

Economics

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