It is important for policy makers to recognize that most macroeconomic variables are characterized by
A)short- run fluctuations that need to be smoothed for a well- functioning economy.
B)long- run economic growth.
C)gradual increases over long periods of time.
D)long- run trends and short- run fluctuations.
E)the impacts of the business cycle.

Question

Quizplus · Accepted Answer

Most macroeconomic variables are characterized by long-run trends and short-run fluctuations. Policymakers need to consider both aspects in their decision-making processes to ensure a stable and growing economy. While it's important to address short-run fluctuations, policies should also aim to support long-term economic growth.

It Is Important for Policy Makers to Recognize That Most