The concerns of economists who favor passive over active policy are most closely associated with their:
A) preference for using monetary policy rather than fiscal policy for stabilization.
B) view that policy made by rules is superior to policy made by discretion.
C) belief that shocks to modern economies are not large enough to require any policy response.
D) doubt that the correct policy will be implemented at the correct time.
Correct Answer:
Verified
Q2: The lag between the time that economic
Q3: The lawmakers who wrote the Employment Act
Q4: Active economic policy seeks to do all
Q5: The lags involved in implementing monetary and
Q6: Arguments in favor of active economic policy
Q7: Fiscal policy has a relatively long _
Q8: The time between when a recession begins
Q9: The inside lag is the time:
A) before
Q10: Passive economic policy seeks to:
A) offset fluctuations
Q11: Economists who view the economy as naturally
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents