In the event of a recession, which of the following is the most likely policy stance of those who advocate a passive approach to economic policy?
A) cutting taxes
B) increasing government spending
C) reducing interest rates
D) increasing the money supply
E) doing nothing

Question

Quizplus · Accepted Answer

Those who advocate a passive approach to economic policy believe that the economy will naturally correct itself without intervention. Therefore, doing nothing would be the most likely policy stance during a recession.

In the Event of a Recession, Which of the Following