Which Statement Do Economists Broadly Consider to Be TRUE

question 29

Multiple Choice

Which statement do economists broadly consider to be TRUE?

• A) A monetary rule can increase real GDP.
• B) Discretionary fiscal policy is typically more effective than monetary policy in fighting recessions.
• C) A nation's central bank should be managed by elected officials.
• D) Discretionary monetary and fiscal policy cannot affect the long-run level of unemployment.

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Definitions:

Dissociative Identity Disorder

A mental disorder characterized by the presence of two or more distinct personality states or identities within a single individual, often a result of severe trauma.

Somatoform Disorder

A mental disorder characterized by physical symptoms that cannot be fully explained by a general medical condition, substance use, or another mental disorder.

Bipolar Disorder

A mental disorder marked by extreme mood swings from manic highs to depressive lows.

Hoarding Disorder

A persistent difficulty discarding or parting with possessions because of a perceived need to save them, resulting in clutter that disrupts normal living spaces.