Advocates of the passive approach to government economic policy believe that the government should lower tax rates when there is a contractionary gap.

Name: Advocates of the passive approach to government economic policy believe that the government should lower tax rates when there is a contractionary gap.
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Advocates of the passive approach typically believe in minimal government intervention, allowing the economy to self-correct rather than actively adjusting policies like tax rates.

Advocates of the Passive Approach to Government Economic Policy Believe