A Laissez-Faire Macroeconomic Policy,based on a __________ in Self-Regulating Properties

question 58

Multiple Choice

A laissez-faire macroeconomic policy,based on a __________ in self-regulating properties of the economy,implies __________ by the government.

• A) belief; active policymaking
• B) belief; noninterference
• C) disbelief; active policymaking
• D) disbelief; noninterference

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Definitions:

Telegraphic Speech

A form of communication often used by young children, consisting of short and simple phrases that leave out unnecessary words.

Universal

A term that refers to something that is applicable or common to all purposes, conditions, or situations.

Toddlers

Young children, typically aged one to three years old, who are in the early stages of walking and developing motor skills.

Attention

The cognitive process of selectively concentrating on one aspect of the environment while ignoring others.