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

Question

Quizplus · Accepted Answer

Advocates of the passive approach to government economic policy typically believe in letting the economy self-correct without active intervention such as manipulating tax rates; they might favor keeping policies consistent rather than actively changing tax rates in response to economic conditions.

Advocates of the Passive Approach to Government Economic Policy Believe