The activists' paradise requires
A) that government expenditures follow a fairly steady growth path.
B) the ability to forecast perfectly future changes in demand and effects of changes in policy.
C) policy to have powerful direct effects but no side-effects.
D) B and C are both correct.
Correct Answer:
Verified
Q12: According to the Monetarists,"Policy activism" is difficult
Q13: The increase of the real money supply
Q14: Monetarists believe that the major source of
Q15: In the early 1970s monetary growth was
Q16: Non-activists are most interested in
A)the short-run level
Q18: Which of the following multiplier concepts is
Q19: Non-activists believe that the principal source of
Q20: Non-activists believe that the IS curve is
A)very
Q21: Non-activists believe that postwar instability is primarily
Q22: According to the new classical macroeconomists,each of
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