If All Past Economic Fluctuations Resulted from Inept Economic Policies

question 50

Multiple Choice

If all past economic fluctuations resulted from inept economic policies, then the historical evidence would support using:

• A)active macroeconomic policy only.
• B)passive macroeconomic policy only.
• C)either active or passive macroeconomic policy.
• D)neither active nor passive macroeconomic policy.

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Definitions:

Intellectual Property

Legal rights that come from the creation of the mind, such as inventions, literary and artistic works, designs, and symbols.

Company Product

The goods or services offered by a company to its customers.

Glue

A substance used to bond materials together by surface attachment.

Family and Medical Leave

Legislation that allows employees to take unpaid, job-protected leave for certain family and medical reasons with continuation of group health insurance coverage.