Activists believe that
A) monetary policy should not be used to smooth out the business cycle.
B) fiscal policy should not be used to smooth out the business cycle.
C) the frequent use of fiscal or monetary policy is called for to smooth out the business cycle.
D) rules should be established for the conduct of both monetary and fiscal policy.

Question

Quizplus · Accepted Answer

Activists generally advocate for the frequent use of monetary and fiscal policy to smooth out the business cycle. They believe that policies like interest rate adjustments, government spending and tax cuts can help stabilize the economy during recessions and prevent inflation during times of growth.

Activists Believe That