A Policymaker in Favor of Stabilizing the Economy Would Be

question 12

Multiple Choice

A policymaker in favor of stabilizing the economy would be likely to believe

• A)recessions are a waste of resources.
• B)economies must suffer through the booms and busts of the business cycle.
• C)the long policy lags make implementing policy changes in response to recession too risky.
• D)policy increases the magnitude of economic fluctuations.

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