The lawmakers who wrote the Employment Act of 1946 believed that:
A) the economy was naturally stable.
B) the Great Depression could not happen again.
C) without active government policy the Great Depression could occur again.
D) monetary policy should be conducted according to rules.
Correct Answer:
Verified
Q1: The concerns of economists who favor passive
Q2: The lag between the time that economic
Q4: Active economic policy seeks to do all
Q5: The lags involved in implementing monetary and
Q6: Arguments in favor of active economic policy
Q7: Fiscal policy has a relatively long _
Q8: The time between when a recession begins
Q9: The inside lag is the time:
A) before
Q10: Passive economic policy seeks to:
A) offset fluctuations
Q11: Economists who view the economy as naturally
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