Which of the Following Statements Is True

question 25

Multiple Choice

Which of the following statements is true?

• A)Keynesians believe that consumers are inherently unstable in consumption decisions,but that businesses are relatively stable in making investment decisions.
• B)Monetarists believe in discretionary monetary policy.
• C)Lowering tax rates is the main priority of Supply Side economists.
• D)Rational expectationists argue that businesses have a poor record of anticipating government fiscal policy.
• E)All of the statements are true

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Definitions:

Ethical Relativism

The perspective that moral standards vary across cultures and individuals, and that there are no universal ethical truths.

Socially Defined Behaviour

Actions or behaviors that are shaped, influenced, or regulated by the societal norms and values of a community.

Statistics Canada

The national statistical office of Canada, responsible for producing statistics to help better understand the country, its population, resources, economy, society, and culture.

Family

A social unit consisting of parents and their children, considered as a group, whether dwelling together or not.