Which of the Following Statements Is True

question 80

Multiple Choice

Which of the following statements is true?

• A) Nonactivists argue that monetary and fiscal policies should be deliberately used to smooth out the business cycle.
• B) Fine-tuning consists of the usually frequent use of monetary policy to counteract even small undesirable movements in economy activity.
• C) Keynesians would be more likely to advocate contractionary monetary policy to correct an inflationary gap than expansionary monetary policy to correct a recessionary gap.
• D) b and c
• E) a,b and c

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Definitions:

Japanese Colonialism

The period of history when Japan expanded its empire by annexing territories in Asia and the Pacific, from the late 19th century to the mid-20th century.

Transportation Networks

Systems comprised of roads, railways, airports, and waterways that facilitate the movement of people and goods.

Hydroelectric Power

Renewable energy generated by using the movement of water through dams to produce electricity.

Japanese Colonialism

The period during which Japan extended its influence and control over various territories and peoples, primarily in Asia, through colonization, expansion, and imperial administration.