Which of the following is FALSE concerning the long run?

Select one:

A.

Economists believe that fiscal and monetary policies have no permanent effects on the economy.

B.

Economists more or less agree that the economy tends to fluctuate around the level that is consistent with full employment.

C.

In the long run, the unemployment rate returns to its normal level.

D.

The current account must tend toward balance in the long run.

E.

None of the above.