Which of the Following Statements Is False

question 157

Multiple Choice

Which of the following statements is false?

• A) Activists are more likely to advocate fine-tuning the economy than nonactivists.
• B) Activists believe that monetary and fiscal policies can be and should be deliberately used to smooth out the business cycle.
• C) Nonactivists believe that monetary and fiscal policies cannot and should not be deliberately used to (try to)smooth out the business cycle.
• D) Nonactivists favor rules-based monetary policy.
• E) none of the above

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Definitions:

Confidence Interval

An estimated range of values calculated from a given set of sample data, reflecting where the true population parameter is expected to lie with a certain level of confidence.

Normal Distribution

A bell-shaped curve that represents the distribution of many types of data where most observations cluster around the mean.

Standard Error

A measure of the variability or dispersion of a sampling distribution.

Margin of Error

The largest anticipated discrepancy between the actual population parameter and its estimate derived from a sample.