In the 1960s, Government Policy Makers Believed That They Could

Multiple Choice

In the 1960s, government policy makers believed that they could _____

A) stabilize the economy by letting the market system solve all problems.
B) reduce unemployment by running federal budget surpluses.
C) eliminate the government's role in stabilization policy.
D) use changes in the money supply to virtually eliminate business cycles.
E) use taxation and government spending to fine-tune the economy.