Which of the Following Do Critics of Stabilization Policy Argue

question 88

Multiple Choice

Which of the following do critics of stabilization policy argue?

• A)There is too short a lag between the time policy is passed and the time policy has an impact on the economy.
• B)The impact of policy may not last enough for the problem it was designed to offset to be solved.
• C)Policy cannot cause economic fluctuations.
• D)Policy can be a source of, instead of a cure for, recessions.

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Definitions:

Collective Conscience

A collection of common values, thoughts, and ethical stances that act as a cohesive influence within a community.

Durkheim

A French sociologist, social psychologist, and philosopher who is considered one of the founding fathers of sociology.

Marx

Karl Marx was a 19th-century philosopher, economist, and revolutionary, best known for his works on capitalism and communism as well as for founding Marxist theory.

Religious Practice

Religious practice refers to the actions, rituals, and ceremonies individuals or communities partake in as part of their adherence to the beliefs and tenets of a religion.