Critics of Stabilization Policy Argue That

question 51

Multiple Choice

Critics of stabilization policy argue that

• A)"animal spirits" must be offset by active monetary policy.
• B)active monetary policy is necessary for steady economic growth.
• C)the lag problem ends up being a cause of economic fluctuations.
• D)active fiscal policy is required for steady economic growth.

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Definitions:

Poor Attendance

The frequent absence from or lack of participation in expected events, such as school or work.

Absenteeism

The practice of regularly staying away from work or school without good reason.

Procrastination

The action of delaying or postponing something.

Combatting

Engaging in action or struggle against a challenge or adversary.