According to the Monetarists,"Policy Activism" Is Difficult If Not Impossible

question 60

Multiple Choice

According to the Monetarists,"Policy activism" is difficult if not impossible to perform successfully because

• A)the timing of policy impacts on nominal GDP are known.
• B)the magnitude,size of impacts are known.
• C)the timing and magnitude of the impact of AD disturbances are known,forecasted with precision.
• D)Monetarists believe all of the above are correct.

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Definitions:

Subordinate Motivation

Subordinate motivation refers to the driving forces that influence the willingness and energy of employees to follow and actively support their leaders or managers.

Work Setting

The physical and social environment in which people perform their jobs, including the workplace layout, culture, and dynamics.

Expectancy Theory of Motivation

A psychological theory suggesting that individuals are motivated to act in certain ways based on the expected results of their actions.

Designated Goals

Clearly defined objectives that have been specifically appointed or marked for achievement by a person or a group.