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Retnec Retnec
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6 years ago
Which of the following statements about the activist-nonactivist debate is true?
A) Monetarists advocate the use of discretionary monetary policy to manage aggregate demand and to ensure full employment.
B) New classical economists support the use of fiscal policy to guide the economy but believe that monetary policy is ineffective
C) Keynesians advocate government intervention because they believe that the self-correcting mechanism works too slowly.
D) All of the above.
Textbook 
Introduction to Economic Reasoning

Introduction to Economic Reasoning


Edition: 8th
Author:
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VilaVila
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6 years ago
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Retnec Author
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#2
6 years ago
Thanksss
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