Which of the Following Statements Is False

question 157

Multiple Choice

Which of the following statements is false?

• A) Activists are more likely to advocate fine-tuning the economy than nonactivists.
• B) Activists believe that monetary and fiscal policies can be and should be deliberately used to smooth out the business cycle.
• C) Nonactivists believe that monetary and fiscal policies cannot and should not be deliberately used to (try to)smooth out the business cycle.
• D) Nonactivists favor rules-based monetary policy.
• E) none of the above