The idea that no one knows for certain the shape of the aggregate supply curve contributes to:
A) Goal conflicts.
B) Measurement problems.
C) Design problems.
D) Implementation problems.

Question

Quizplus · Accepted Answer

The uncertainty about the shape of the aggregate supply curve makes it challenging to design effective economic policies, as policymakers cannot accurately predict how changes in policy will affect output and prices.

The Idea That No One Knows for Certain the Shape