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Retnec Retnec
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7 years ago
Which of the following statements about the activist-nonactivist debate is accurate?
A) Monetarists advocate the use of discretionary fiscal policy to ensure full employment.
B) New classical economists support the use of discretionary fiscal policy but believe that discretionary monetary policy is ineffective.
C) Keynesians advocate the use of discretionary fiscal policy but not discretionary monetary policy.
D) Keynesians believe that the economy's self-correcting mechanism works too slowly to be relied upon.
E) Monetarists believe that the economy's self-correcting mechanism works too slowly to be relied upon.
Textbook 
Introduction to Economic Reasoning

Introduction to Economic Reasoning


Edition: 8th
Author:
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hecosmetichecosmetic
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7 years ago
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Retnec Author
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7 years ago
Smiling Face with Halo Nice!!
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