According to the Monetarists,"Policy Activism" Is Difficult If Not Impossible

question 60

Multiple Choice

According to the Monetarists,"Policy activism" is difficult if not impossible to perform successfully because

• A)the timing of policy impacts on nominal GDP are known.
• B)the magnitude,size of impacts are known.
• C)the timing and magnitude of the impact of AD disturbances are known,forecasted with precision.
• D)Monetarists believe all of the above are correct.

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