Author Question: Passive macroeconomic policy would rely on natural market forces and automatic stabilizers to close ... (Read 46 times)

Engineer · **on:** Jun 30, 2018

Passive macroeconomic policy would rely on natural market forces and automatic stabilizers to close an expansionary gap.
a. True
b. False
Indicate whether the statement is true or false

Question 2

Active macroeconomic policy would move to close an expansionary gap by decreasing aggregate demand.
a. True
b. False
Indicate whether the statement is true or false