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Which Statement Correctly Describes the Approach of Monetary "Doves" and "Hawks

Question 125

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Which statement correctly describes the approach of monetary "doves" and "hawks" during times of economic instability?


A) Doves favor greater central bank action and hawks favor less central bank action.
B) Doves favor less central bank action and hawks favor more central bank action.
C) Doves are more concerned about unemployment than inflation, while hawks are more concerned about inflation than unemployment.
D) Doves are more classical in perspective and hawks are more Keynesian in perspective.

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