Regarding the Issue of Economic Stability, Nonactivists Believe That

question 134

Multiple Choice

Regarding the issue of economic stability, nonactivists believe that

• A) consumption is highly unstable over the business cycle.
• B) the highest possible level of investment must be maintained over all phases of the business cycle.
• C) minor economic disturbances often feed on themselves, leading to severe swings in the business cycle.
• D) the self-correcting properties of a market economy work reasonably well.

---

Definitions:

Armed

Being equipped with weapons, especially firearms, for defense, attack, or intimidation purposes.

Carefully Planned

Actions or tasks that are devised with consideration and forethought, often to achieve a specific goal or outcome efficiently.

Entirely Unplanned

Refers to events or actions that occur without any prior intention or preparation, often leading to spontaneous and unpredictable outcomes.

Over-Planned

A situation or activity that has been prepared with excessively detailed planning, potentially to the point of inefficiency.