Which of the Following Is an Argument Against Trying to Use

question 20

Multiple Choice

Which of the following is an argument against trying to use policy to stabilize the economy?

• A)Recessions represent a waste of resources.
• B)Pessimism on the part of households and firms may become a self-fulfilling prophecy.
• C)"Leaning against the wind" requires policymakers to increase aggregate demand in recessions and reduce aggregate demand in booms.
• D)Macroeconomic forecasting is not developed sufficiently to allow policymakers to change aggregate demand at the proper time.

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Definitions:

Fitness Centre

A facility equipped with workout machines, weights, and sometimes classes, aimed at improving physical fitness and health.

Sizeism

Prejudice against individuals based on their body size, including height and weight.

Fitness Instructor

A professional who guides individuals or groups in exercise activities, including strength training, stretching, and cardio workouts.

Leaner

Refers to a person or process aiming for efficiency and minimal waste in production, often associated with lean manufacturing or management principles.