If past policies kept the economy insulated from shocks to aggregate demand and supply, the historical evidence would support using:
A) active macroeconomic policy only.
B) passive macroeconomic policy only.
C) either active or passive macroeconomic policy.
D) neither active nor passive macroeconomic policy.

Question

Quizplus · Accepted Answer

The Answer of If past policies kept the economy insulated from shocks to aggregate demand and supply, the historical evidence would support using:
A) active macroeconomic policy only.
B) passive macroeconomic policy only.
C) either active or passive macroeconomic policy.
D) neither active nor passive macroeconomic policy.

If Past Policies Kept the Economy Insulated from Shocks to Aggregate