Which of the Following Are Reasons Why Monetarists Oppose Activist

question 1

Multiple Choice

Which of the following are reasons why monetarists oppose activist stabilization policies?
I. Monetary policy lags are so long and variable that trying to stabilize the economy using
Monetary policy can be destabilizing.
II. Monetary policy affects a nation's currency exchange rate and affects the nation's competitiveness in the global market.
III. Because of crowding-out effects, fiscal policy has no effect on GDP.
IV. Fiscal policies must be financed by government borrowing or tax increases, both of which affect aggregate demand negatively.

• A) I only
• B) I and II only
• C) I and III only
• D) I, II, III, and IV

Appreciate the role of persuasive writings in shaping public opinion and policy during the Revolutionary period.

Understand the significance of the Declaration of Independence and its legacy in inspiring future revolutions.

Identify the reasons behind the success or failure of military campaigns during the Revolutionary War.

Recognize the impact of the Revolutionary War on different demographic groups, including soldiers and slaves.

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Definitions:

Doctrine of Privity

A principle that states a contract cannot confer rights or impose obligations arising under it on any person or agent except the parties to it.

Statutory Assignment

The transfer of rights or benefits from one party to another as permitted or dictated by statute.

Chose in Action

A personal right to property that is recoverable through legal action, such as debts owed or rights in a contract.

Contract Mistakes

Errors made by one or more parties that can affect the validity and enforceability of a contract.