Many economists believe that:
A) fiscal policy can be used effectively to reduce unemployment below its natural rate.
B) monetary policy can be used effectively to reduce unemployment below its natural rate.
C) discretionary fiscal policy should be used sparingly because political influence may manipulate its implementation and use.
D) monetary rules are best.
Correct Answer:
Verified
Q312: For Keynes, changes in aggregate demand had
Q313: Someone who believes in macroeconomic policy activism
Q314: The belief that fluctuations in the rate
Q315: The political business cycle is MOST often
Q316: For the most part, Keynesians believe that:
A)monetary
Q317: Monetarists believe that:
A)short-run problems are not likely.
B)GDP
Q318: According to the natural rate hypothesis:
A)once inflation
Q319: Prior to 1854, the United States was:
A)dominated
Q320: Keynesians believed that the economy could get
Q321: Discretionary fiscal policy:
A)is not subject to lags
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