Author Question: Advocates of the passive approach to government economic policy believe that the government should ... (Read 106 times)

ahriuashd · **on:** Jun 30, 2018

Advocates of the passive approach to government economic policy believe that the government should lower tax rates when there is a recessionary gap.
a. True
b. False
Indicate whether the statement is true or false

Question 2

According to the passive approach, discretionary fiscal or monetary policy can reduce the costs of an unstable economy.
a. True
b. False
Indicate whether the statement is true or false