Activists hold that
A) activist monetary policy is flexible.
B) nonactivist monetary policy is inflexible.
C) the economy does not always return quickly enough to full-employment output.
D) a and b
E) all of the above

Question

Quizplus · Accepted Answer

Activists believe in the flexibility of activist monetary policy, the inflexibility of nonactivist monetary policy, and that the economy does not always self-correct quickly to full employment, making all the statements correct.

Activists Hold That