Activists believe that
A) the M1 money supply should be increased at a steady rate annually.
B) taxes should be increased during a recession in order to balance the federal budget.
C) the economy's self-correcting mechanism, if not stifled by perverse policies, will prevent prolonged periods of high unemployment.
D) discretionary changes in macroeconomic policy can help smooth the business cycle of a market economy.
Correct Answer:
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