Persons Who Argue Against the Deliberate Use of Fiscal and Monetary

question 162

Multiple Choice

Persons who argue against the deliberate use of fiscal and monetary policies to smooth out the business cycle are referred to as

• A) nonactivists.
• B) fine-tuners.
• C) activists.
• D) b and c
• E) none of the above

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Definitions:

Microloans

Small, often short-term loans provided to individuals or small businesses, typically in developing countries, to spur economic development.

Grameen Bank

A microfinance organization and community development bank in Bangladesh that offers small loans to the impoverished without requiring collateral.

Earned-Income Activities

Business operations that generate revenue from the sale of goods or services rather than from donations or grants.

Enterprising Nonprofits

Organizations that adopt entrepreneurial strategies and innovations in pursuit of social, cultural, or environmental missions.