Activists and Nonactivists Both Believe That

question 95

Multiple Choice

Activists and nonactivists both believe that

• A) the self-corrective mechanism of a market economy works quite well.
• B) macro-policy should seek to minimize economic fluctuations, keep the inflation rate low, and establish an environment consistent with strong economic growth.
• C) discretionary monetary and fiscal policy can be used successfully to speed the adjustment process and reduce the swings of the business cycle.
• D) policies that stimulate aggregate demand can reduce the long-term rate of unemployment.

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Definitions:

Ethnic Groups

Collectives of people who share a common identity based on factors like culture, language, ancestry, or national origin.

Cultural Differences

Variations in the ways of life, beliefs, norms, and practices among different societies or groups of people.

Paramount Chiefs

The highest-ranking leaders in certain tribal societies who exercise authority over a number of smaller chiefs and their tribes.

Kpelle Chiefdoms

A historical political organization of the Kpelle people, primarily located in Liberia and Guinea, characterized by hierarchical leadership structures.