Which Statement Is FALSE

question 154

Multiple Choice

Which statement 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:

Post-World War II

The era following the end of World War II in 1945, marked by significant geopolitical shifts, the formation of the United Nations, and the beginning of the Cold War.

Mise-En-Scene

A term used in filmmaking and theater to describe the arrangement of everything that appears in the framing – actors, lighting, décor, props, costume.

Objective Camerawork

A filmmaking technique that presents events from a neutral perspective, without influence from the subjective viewpoint of any character.

Technological Innovations

New or improved technologies that significantly alter the way businesses operate or individuals interact with the world, often leading to increased efficiency or new capabilities.