Since 1946 the U.S.economy has been marked by
A)Greater stability due to a hands-off policy by the government.
B)Greater stability due to automatic stabilizers and a larger government sector.
C)Less stability due to the discretionary policies of the government.
D)Less stability due to the use of fixed policy rules.

Question

Quizplus · Accepted Answer

Since 1946, the U.S. economy has experienced greater stability due to automatic stabilizers, such as unemployment benefits and progressive income tax, and a larger government sector that provides stability through regulation and intervention. The use of discretionary policies by the government, as well as fixed policy rules, have had mixed effects on economic stability. Therefore, option B is the most accurate answer.

Since 1946 the U.S.economy Has Been Marked by