Opponents of Active Stabilization Policy

question 41

Multiple Choice

Opponents of active stabilization policy

• A)generally don't believe,even in theory,that fiscal policy can stabilize the economy.
• B)generally agree that fiscal policy has no impact in the long run.
• C)believe some effects of monetary policy may be long-lived.
• D)think the Fed should simply try to fine tune the economy.

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Definitions:

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The practice of persuading someone to do something by using force or threats.

Property Ownership

The legal right or possession of material goods or land.

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Fact and Value

A distinction in philosophy and social sciences, where facts are statements about reality that can be independently verified, and values are judgments about what is important or desirable.