Why should economists "do no harm" when it comes to stabilizing the economy?
A) It takes a lot of mental effort to fix the economy and it is taxing on politicians.
B) The economy already has built in stabilizers and sometimes trying to fix the economy only makes it worse.
C) Money used to help fix the economy can be better used for other priorities.
D) People are generally optimistic and the effects of a recession are not felt by the average Canadian.

Question

Quizplus · Accepted Answer

Attempting to stabilize the economy can sometimes have unintended consequences and make the situation worse. It's important for economists to carefully consider their actions and potential outcomes in order to avoid doing harm.

Why Should Economists "Do No Harm" When It Comes to Stabilizing