Solved

Those Who Advocate Counter-Cyclical Fiscal Policy Would Agree with All

Question 25

Multiple Choice

Those who advocate counter-cyclical fiscal policy would agree with all but one of the following statements.Which is the exception?


A) Governments should be non-interventionist.
B) Automatic stabilizers are not particularly effective.
C) The economy is not capable of automatic self-adjustment in response the problems of unemployment and inflation.
D) Counter cyclical fiscal policy is a powerful and effective tool.
E) Government budget deficits are a less serious problem than income gaps.

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