How Do Advocates of Discretionary Stabilization Policy View Frequent Changes

question 183

Multiple Choice

How do advocates of discretionary stabilization policy view frequent changes in spending and tax policy?

• A)The changes make the economy more difficult to forecast.
• B)The changes make life more difficult and hectic for Congress and the Fed.
• C)The changes smooth out the business cycle, making planning easier.
• D)The changes cause more instability in the economy and make planning more difficult.

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Definitions:

Dolls

Articulated figurines typically made from materials like cloth, plastic, or porcelain, used as toys that enable imaginative play.

Tape

A narrow strip of material, typically used for holding or fastening something.

Amnesia

A condition characterized by a significant loss of memory and/or the ability to learn new information, typically resulting from brain injury, disease, or psychological trauma.

Memories

Mental representations of past events, information, or experiences that a person can recall and reflect upon.