Explain Why Each of the Following Statements Is a Rationale

question 2

Essay

Explain why each of the following statements is a rationale for conducting active or passive policy:
a. Economic circumstances can change dramatically between the time that an economic downturn begins and the time when policy actions have an effect on the economy.
b. Economists are not very accurate forecasters.
c. Increases in government spending generate increases in economic output. d. Fluctuations in economic output have been less severe since World War II.

---

Definitions:

Recollection

The process of remembering information or events from the past with conscious effort.

Artificialism

The belief that environmental features were made by people.

Pretend Play

A form of play where children use their imagination to create scenarios, often incorporating roles and make-believe contexts.

Hyperactive Children

Children who exhibit higher than normal levels of activity and/or impulsivity that may interfere with their ability to complete tasks or engage socially.