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Given the Uncertainty About the Effects of Macro Policy,economists Generally

Question 13

Multiple Choice

Given the uncertainty about the effects of macro policy,economists generally propose that


A) macro policies should be more active, the lower the level of unemployment or inflation.
B) changes in money growth should only be used for fine tuning the economy, not for correcting large imbalances (such as high inflation) .
C) money growth should be set at zero by constitutional amendment.
D) elected officials should have more input in the determination of monetary policy.
E) none of the above

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