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An Argument in Favor of Allowing Discretionary Macroeconomic Policy Is

Question 38

Multiple Choice

An argument in favor of allowing discretionary macroeconomic policy is that:


A) policymakers may make erratic shifts in policy in response to changing political situations.
B) uninformed policymakers may choose incorrect policies.
C) the objectives of policymakers may be in conflict with the well-being of the public.
D) giving policymakers flexibility will allow them to respond to changing conditions.

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