Milton Friedman's Assertion That the Government Abstain from Stabilization Policy

question 47

Multiple Choice

Milton Friedman's assertion that the government abstain from stabilization policy can be supported by

• A) the fact that it takes time for the government to observe the true state of the economy.
• B) the fact that it takes time for the Bank of Canada to implement policy.
• C) the fact that it takes time for policy actions to affect the chartered banks.
• D) the fact that it takes time for consumers and business to react.
• E) the fact that it takes time to convince the public that a particular policy is good for them.

---

Definitions:

Conduct Disorder

A mental health disorder diagnosed in childhood and adolescence, characterized by behavior that violates social norms, including aggression, destruction, deceitfulness, or violation of rules.

Date Raped

A form of sexual assault where the victim is subjected to unwanted sexual activity by someone they know in a social setting.

Aggression Toward People And Animals

A pattern of behavior aimed at causing harm or intimidation to others, often considered a sign of underlying psychological issues.

Limited Prosocial Emotions

A characteristic of certain behavioral disorders, where an individual shows a lack of empathy, remorse, or concern for the feelings of others.