The Primary Argument Against Active Monetary and Fiscal Policy Is

question 45

Multiple Choice

The primary argument against active monetary and fiscal policy is that

• A)attempts to stabilize the economy do not constitute a proper role for government in a democratic society.
• B)these policies affect the economy with a long lag.
• C)these policies affect the economy too quickly and with too much impact.
• D)history demonstrates that interest rates respond unpredictably to active policies,leading to unpredictable effects on income.

---

Definitions:

IDs

Acronym for "identification cards," documents or cards that certify the identity of the bearer.

Trumpet

A brass musical instrument with a flared bell and a bright, penetrating tone, played by blowing into a small mouthpiece.

Topic Sentence

A sentence that expresses the main idea of a paragraph, often positioned at the beginning.

Pyrotechnics

Pyrotechnics refers to the science and art of creating firework displays and other related pyrotechnic effects used in performances and celebrations.