Given the Uncertainty About the Effects of Macro Policy,economists Generally

question 13

Multiple Choice

Given the uncertainty about the effects of macro policy,economists generally propose that

• A)macro policies should be more active, the lower the level of unemployment or inflation.
• B)changes in money growth should only be used for fine tuning the economy, not for correcting large imbalances (such as high inflation).
• C)money growth should be set at zero by constitutional amendment.
• D)elected officials should have more input in the determination of monetary policy.
• E) none of the above

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