In the event of a recession, which of the following is the most likely policy stance of people who advocate a passive approach to economic policy?
A) cut taxes
B) increase government spending
C) reduce interest rates
D) do nothing

Question

In the event of a recession, which of the following is the most likely policy stance of people who advocate a passive approach to economic policy?  
A) cut taxes 
B) increase government spending 
C) reduce interest rates 
D) do nothing

Quizplus · Accepted Answer

Those who advocate for a passive approach to economic policy would likely choose to do nothing in the event of a recession, as they believe that the market will naturally correct itself without government intervention.

In the Event of a Recession, Which of the Following