Multiple Choice
Which of the following statements do opponents of active stabilization policy believe?
A) A monetary policy designed to offset changes in the unemployment rate is effective.
B) Fiscal policy is unable to change aggregate demand or aggregate supply.
C) The political process creates lags in the implementation of fiscal policy.
D) Fluctuations would not exist in the absence of fiscal policies.
Correct Answer:

Verified
Correct Answer:
Verified
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