Which Statement Does NOT Describe the Great Moderation Consensus Among

question 85

Multiple Choice

Which statement does NOT describe the Great Moderation consensus among macroeconomists?

• A) Monetary policy should play the main role in stabilization policy.
• B) The central bank should be independent of politics.
• C) Discretionary fiscal policy should be used sparingly.
• D) Monetary policy is the only way to get out of the liquidity trap.

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Definitions:

Ventral Regions

Refers to the front or belly side of the body or an organ, especially in the context of anatomical directions.

SII

Secondary somatosensory cortex, a region of the brain involved in the processing of tactile information from the body.

Paraplegia

A condition characterized by the paralysis of the lower half of the body, often resulting from spinal cord injury or disease.