Which of the Following Is a Rationale for the Passive

question 132

Multiple Choice

Which of the following is a rationale for the passive approach?

• A) The appropriate policy is selected instantaneously.
• B) The appropriate policy is implemented instantaneously.
• C) Once implemented, the policy works as advertised.
• D) The policy, once implemented, works immediately.
• E) The economy is complex, and economic aggregates can interact in obscure ways.

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Definitions:

Sample Standard Deviation

A measure of the dispersion or variability of a set of sample data points around its mean.

Empirical Rule

The Empirical Rule, also known as the 68-95-99.7 rule, states that for a normal distribution, roughly 68% of data falls within one standard deviation of the mean, 95% within two standard deviations, and 99.7% within three standard deviations.

Coefficient of Variation

A statistical measure that shows the dispersion of data points or distribution relative to the mean, usually expressed as a percentage.

Standard Deviation

It quantifies the dispersion of a dataset relative to its mean, indicating how spread out the data points are.