Which of the Following Statements Is FALSE

question 133

Multiple Choice

Which of the following statements is FALSE?

• A)Early Keynesianism downplayed the effectiveness of monetary as opposed to fiscal policy.
• B)Monetarism argued that discretionary monetary policy does more harm than good.
• C)The natural rate hypothesis places sharp limits on what macroeconomic policy can achieve.
• D)Concerns about a political business cycle suggest that the central bank should not be independent and argue for a strong discretionary fiscal and monetary policy.

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Definitions:

Criteria

Standards, rules, or tests by which something can be judged or decided.

Selecting Employees

The process of interviewing and assessing candidates to fill job positions within an organization.

Foreign Assignments

Job postings located outside of an employee's home country, often involving international relocation and cross-cultural adaptation.

Type I Error

Occurs when a true null hypothesis is incorrectly rejected.