If a Policymaker Is Convinced That Time Lags Frequently Negate

question 116

Multiple Choice

If a policymaker is convinced that time lags frequently negate the impact of short-run stabilization efforts, it is likely she would favor ________ policymaking.

• A) nondiscretionary
• B) discretionary
• C) active
• D) aggressive

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Definitions:

Loose Association

A thinking disorder characterized by a disorganized speech pattern, where ideas shift from one topic to another in a barely related or unrelated manner.

Neologism

The creation or use of new words or expressions.

Antisocial

Exhibiting behaviors that violate social norms, often showing disregard for the rights of others.

Narcissistic

A trait characterized by an excessive preoccupation with oneself, a need for admiration, and a lack of empathy for others.