In Comparing the Views of Economists on Stabilization Policy in the 1960s

question 92

Multiple Choice

In comparing the views of economists on stabilization policy in the 1960s with the views of economists on stabilization policy in the 1990s, one can say

• A)few economists in the 1960s favored stabilization policy, while most economists in the 1990s favored stabilization policy.
• B)economists' views on stabilization policy have changed very little since the 1960s.
• C)fewer economists in the 1990s than in the 1960s believed it is possible to use stabilization policy to fine-tune the economy.
• D)almost no economists in the 1990s believe stabilization policy should be used.

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Definitions:

Life Support

Medical equipment that sustains, extends, or replaces vital bodily functions, often used in critically ill or comatose patients.

Occipital Lobe

The region of the brain located at the back of the head, responsible for processing visual information.

Thalamus

A crucial part of the brain that acts as a relay station, processing and transmitting sensory information to the appropriate areas of the cortex.

Neural Impulses

Electrical signals transmitted along the neurons, facilitating communication throughout the nervous system.