Which of the Following Is Consistent with the Argument for Hands-Off

question 45

Multiple Choice

Which of the following is consistent with the argument for hands-off policy?

• A) Fixed policy rules.
• B) Fine-tuning.
• C) Discretionary fiscal policy.
• D) Discretionary monetary policy.

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Definitions:

Relative Deprivation

A psychological experience of discontent felt by people who believe they are worse off than others or lack resources or advantages that others have.

More Affluent

Having a greater amount of wealth or resources; typically used to describe individuals or areas with a higher economic status.

Downward Mobility

The phenomenon where individuals or groups experience a decline in their socioeconomic status.

Federal Poverty Line

Federal index that defines “official” poverty in the United States based on household income; updated annually.