Mainstream economists favor
A) the use of discretionary monetary policy and ﬁscal policy.
B) a monetary rule.
C) a balanced-budget amendment.
D) wage and price controls.

Question

Quizplus · Accepted Answer

Mainstream economists generally support the use of discretionary monetary policy and fiscal policy to manage the economy, especially during times of recession or inflation. A monetary rule or balanced-budget amendment is not as widely accepted among mainstream economists, and wage and price controls are generally seen as ineffective and potentially harmful.

Mainstream Economists Favor