Economists who believe that the economy has a strong self-correcting mechanism argued that, after September 11, 2001, the economy needed
A) a quick and expansionary fiscal policy stimulus.
B) a quick and expansionary monetary policy stimulus.
C) only a short time to return to equilibrium full employment.
D) President Bush to propose a large budget stimulus package.
Correct Answer:
Verified
Q198: In a typical year, how accurate are
Q199: Which of the following is correct?
A)Policy lags
Q200: What is inflation targeting?
A)Making sure inflation is
Q201: How do lags affect stabilization policy? Your
Q202: What are the important factors that determine
Q204: Advocates of stabilization policy prefer quick medicine
Q205: Explain the importance of the shape of
Q206: Describe an asset price bubble and give
Q207: Regarding government intervention in the economy, which
Q208: How do advocates of discretionary stabilization policy
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