Solved

Those Who Advocate Counter-Cyclical Fiscal Policy Would Agree with All

Question 125

Multiple Choice

Those who advocate counter-cyclical fiscal policy would agree with all but one of the following statements.Which is the exception?


A) Governments should be non-interventionist.
B) Automatic stabilizers are not particularly effective.
C) The economy is not capable of automatic self-adjustment in response the problems of unemployment and inflation.
D) Counter cyclical fiscal policy is a powerful and effective tool.
E) Government budget deficits are a less serious problem than income gaps.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions