Chapter 18: Alternative Perspectives on Stabilization PolicyQuestion: Some economists favour passive policy because of their:belief that shocks to modern economies are not large enough to require any policy response.O b.doubt that the correct policy will be implemented at the correct time.Oc.preference for using monetary policy rather than fiscal policy for stabilization.d.view that policy made by rules is superior to policy made by discretion.O e. view that policy responses will never be sufficient enough to eliminate the impacts of shocks.

Some economists favor passive policy because of their: c. preference for using monetary policy…

Chapter 18: Alternative Perspectives on Stabilization Policy Question: Some economists favour passive policy because of their: So belief that shocks to modern economies are not large enough to require any policy response. O b. doubt that the correct policy will be implemented at the correct time. preference for using monetary policy rather than fiscal policy for stabilization. Od. view that policy made by rules is superior to policy made by discretion. O e. view that policy responses will never be sufficient enough to eliminate the impacts of shocks.

Chapter 18: Alternative Perspectives on Stabilization Policy Question: Some economists favour passive policy because of their: So belief that shocks to modern economies are not large enough to require any policy response. O b. doubt that the correct policy will be implemented at the correct time. preference for using monetary policy rather than fiscal policy for stabilization. Od. view that policy made by rules is superior to policy made by discretion. O e. view that policy responses will never be sufficient enough to eliminate the impacts of shocks.

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter24: Fiscal Policy

Section: Chapter Questions

Problem 15P

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