To Favor a Passive Approach to Policy Is to Believe

question 162

Multiple Choice

To favor a passive approach to policy is to believe that the private sector is

• A)relatively stable and both wages and prices adjust quickly to eliminate excess supply or excess demand for labor
• B)basically unstable,although both wages and prices adjust quickly to eliminate excess supply or excess demand for labor
• C)relatively stable,although both wages and prices tend to be very sticky downward
• D)basically unstable and both wages and prices tend to be very sticky downward
• E)so stable that wages and prices rarely change

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Definitions:

Digestive Cavity

A hollow chamber within an organism where digestion of food occurs.

Elimination

Ejection of undigested food from the body. Compare with excretion.

Pharynx

The muscular tube that connects the mouth and nasal passages with the esophagus and larynx, playing a key role in both the respiratory and digestive systems.

Bolus

A small rounded mass of a substance, especially of chewed food at the moment of swallowing.