Solved

Passive Policy Advocates Rely on an Economy's Natural Ability to Correct

Question 54

Multiple Choice

Passive policy advocates rely on an economy's natural ability to correct itself in case of unemployment because of _____


A) the lack of any real concern for those who have no jobs.
B) the conviction that unemployment is relatively harmless.
C) the belief that active economic policy is likely to be either ineffective or harmful.
D) the desire to await further economic data before intervening.
E) the belief in the law of diminishing returns.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents