Persons who argue against the deliberate use of fiscal and monetary policies to smooth out the business cycle are referred to as
A) nonactivists.
B) fine-tuners.
C) activists.
D) b and c
E) none of the above

Question

Quizplus · Accepted Answer

Persons who argue against the deliberate use of fiscal and monetary policies to smooth out the business cycle are referred to as nonactivists. They believe that the economy is self-regulating and that attempts to interfere with the natural workings of the market can lead to unintended consequences.

Persons Who Argue Against the Deliberate Use of Fiscal and Monetary