Which of the Following Do Critics of Stabilization Policy Argue

question 74

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 long enough for the problem 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:

Darwin

Charles Darwin, a British naturalist known for his contributions to the science of evolution, particularly the theory of natural selection.

Technological Determinism

The theory that technology shapes societal structure, values, and cultural development in a deterministic manner.

Human Society

An organized group of people living together in an ordered community with shared laws, traditions, and values.

Market Forces

The economic factors affecting the price, demand, and availability of goods and services within a free market, such as competition, supply, and demand.