Which of the following statements do opponents of active stabilization policy believe?
A)A monetary policy designed to offset changes in the unemployment rate is effective.
B)Fiscal policy is unable to change aggregate demand or aggregate supply.
C)The political process creates lags in the implementation of fiscal policy.
D)Fluctuations would not exist in the absence of fiscal policies.

Question

Quizplus · Accepted Answer

Opponents of active stabilization policy argue that the political process can create significant delays in implementing fiscal policy, which can reduce its effectiveness in stabilizing the economy.

Which of the Following Statements Do Opponents of Active Stabilization