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.

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Microeconomics

ISBN: 9780357720639

14th Edition

Authors: Roger A. Arnold, Daniel R Arnold, David H Arnold

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