Multiple Choice
What do opponents of using policy to stabilize the economy generally believe?
A) that neither fiscal nor monetary policy have much impact on aggregate demand
B) that attempts to stabilize the economy can increase the magnitude of economic fluctuations
C) that unemployment and inflation are not cause for much concern
D) that unemployment is a cause for concern,but inflation is not
Correct Answer:

Verified
Correct Answer:
Verified
Q1: Suppose the economy goes into recession. Which
Q2: Suppose the budget deficit is rising 4
Q27: A reduction in the marginal tax rate
Q32: Suppose that changes in aggregate demand tended
Q38: Why should policymakers NOT try to stabilize
Q42: What does the time inconsistency of policy
Q85: Tax laws do not give preferential treatment
Q108: During the financial year 2014-2015,the government of
Q115: What could the government do to decrease
Q153: Economists predict the business cycle well enough