Which of the following statements is false?
A) Activists are more likely to advocate fine-tuning the economy than nonactivists.
B) Activists believe that monetary and fiscal policies can be and should be deliberately used to smooth out the business cycle.
C) Nonactivists believe that monetary and fiscal policies cannot and should not be deliberately used to (try to) smooth out the business cycle.
D) Nonactivists favor rules-based monetary policy.
E) none of the above
Correct Answer:
Verified
Q60: Q61: Nonactivists favor Q62: Which of the following statements is likely Q63: Q64: Under conditions of a liquidity trap and Q66: The routes or channels that ripple effects Q67: Which of the following may block the Q68: Economist Jones favors a constant-money-growth-rate rule.She says Q69: Economists who propose a constant-money-growth-rate rule often Q70: A change in the money supply will
A) the use of fiscal policies
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