"Politics Is Too Often the Thing That Gets in the Way

question 98

Multiple Choice

"Politics is too often the thing that gets in the way of good economic policy being implemented." The economist who said this most likely

• A) believes that fiscal policy is preferable to monetary policy when it comes to stabilizing the economy.
• B) prefers discretionary monetary policy to rule-based monetary policy.
• C) believes that there will be a lot of crowding out if government spending is increased.
• D) prefers rule-based monetary policy to discretionary monetary policy.

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