Solved

Which of the Following Statements Has Been Proposed as a Benefit

Question 15

Multiple Choice

Which of the following statements has been proposed as a benefit of passive policymaking?


A) Passive policymaking allows for making immediate changes in response to an anticipated change in economic performance.
B) Passive policymaking utilizes the rational expectations hypothesis.
C) When using passive policymaking there is no tradeoff between price stability and unemployment.
D) Passive policymaking does not wait for the time lag between recognition of a problem and policy action before engaging in economic policies to stabilize the economy.

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