Which of the following is false?
a. Policy makers generally get the timing of countercyclical macroeconomic policy correct.
b. To know the appropriate countercyclical policy to adopt, policy makers would need to know the natural rate of real output.
c. If policy makers underestimate the multiplier, they may overshoot their goal for stimulus policies.
d. All of the above are true
Question 2
Which of the following is a basic human need?
a. Transportation
b. Healthcare
c. Money for gas
d. College level education
e. Savings
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