One of describing the debate between activists and non-activists is that
A)activists are pessimistic about the self-correcting powers of the economy but non-activists are optimistic.
B)activists tend to be oriented to the long-run but non-activists are short-run oriented.
C)non-activists are optimistic about the efficacy of stabilization policy but activists are pessimistic.
D)A and B are both correct.

Question

Quizplus · Accepted Answer

Activists are generally skeptical about the market's ability to correct itself and thus advocate for policy interventions, whereas non-activists have more faith in the market's self-correcting mechanisms and are cautious about the unintended consequences of intervention.

One of Describing the Debate Between Activists and Non-Activists Is