Which of the Following Statements Is False

question 12

Multiple Choice

Which of the following statements is false?

• A) Economists who advocate discretionary monetary policy argue that it is more likely to achieve the desired economic results because the monetary authority has the flexibility to shape the best monetary policy to the existing circumstances.
• B) Here is an example of zero crowding out: The government spends $100 more and the private sector doesn't spend any less.
• C) Here is an example of complete crowding out: The government spends $100 more and the private sector spends $100 less.
• D) Not all economists believe that rule-based monetary policy is preferable to discretionary monetary policy.
• E) none of the above

---

Definitions:

Unhappy

A state of dissatisfaction or sadness, often as a result of unmet expectations or difficult circumstances.

Basic Dimensions

Fundamental aspects or features that underlie a particular concept or phenomenon, often used to categorize or differentiate.

Trait Theorists

Trait theorists are psychologists who study personality, focusing on identifying and classifying the consistent patterns in the way individuals think, feel, and behave, known as traits.

Contemporary

Pertaining to or occurring in the present time, representing the most current developments or ideas.