As Uncertainty About the Effects of Policy on Output Decreases,we

question 37

Multiple Choice

As uncertainty about the effects of policy on output decreases,we would expect that

• A)policy makers would be more frequently implement fine tuning policies.
• B)policy makers would implement more active policies.
• C)policy makers would implement less active policies.
• D)both A and B
• E) both A and C

---

Definitions:

Incapacitated

Refers to the state where an individual or entity is legally unable to make their own decisions due to mental or physical disability.

Partially Disclosed

Refers to a situation where some but not all relevant information has been revealed.

Indemnification

Payment for loss or damage suffered.

Fiduciary Relationship

A relationship based on trust such as exists between an attorney and a client, an agent and a principal, a guardian and a ward, a trustee and a beneficiary, or a director and a corporation.