A policymaker opposed to using government policy to stabilize the economy would be likely to believe
A) policymakers should "do no harm."
B) there are no obstacles to the practical application of policy in real life.
C) policy lags are short enough that implementing policy changes in response to recession is not too risky.
D) policy mitigates the magnitude of economic fluctuations.
Correct Answer:
Verified
Q101: Is it possible that deficits do not
Q102: Which of the following might stabilize an
Q103: Explain how a higher rate of return
Q104: The Federal Reserve will tend to tighten
Q105: Explain how it is possible for the
Q107: Identify three government policies that discourage saving.
Q108: The Fed lowered interest rates in 2001
Q109: The economy goes into recession. Which of
Q110: If U.S. net exports decrease, then those
Q111: Explain how tax provisions to encourage private
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents