The Case for a "Hands Off" Economic Policy Is Based

Multiple Choice

The case for a "hands off" economic policy is based on the widely held belief that

A) Fiscal policy works but monetary policy does not.
B) Monetary policy works but fiscal policy does not.
C) Discretionary policy can improve the economy in theory but is often impractical in practice.
D) Economic theory is inadequate to formulate effective discretionary policy.