A laissez faire policy approach during a recession would advocate
A)Noninterference by the government.
B)Increasing AS by funding programs that improve worker skills.
C)Increasing AD by increasing government spending.
D)Increasing both AD and AS.

Question

Quizplus · Accepted Answer

A laissez faire policy approach advocates for noninterference by the government. Therefore, the government would not intervene or take action to increase AD or AS during a recession. Instead, the market forces would be left to adjust on their own.

A Laissez Faire Policy Approach During a Recession Would Advocate