Persons who argue that monetary and fiscal policy should be deliberately used to smooth out the business cycle are called
A) activists.
B) disciples.
C) nonactivists.
D) controllers.

Question

Quizplus · Accepted Answer

Activists are individuals who advocate for actively using monetary and fiscal policies to stabilize the economy and smooth out the ups and downs of the business cycle. They believe that government intervention can help to mitigate recessions, stabilize employment levels, and promote economic growth.

Persons Who Argue That Monetary and Fiscal Policy Should Be