Those who favor an active approach to policy believe that:
a. discretionary monetary policy cannot be used to help the economy since monetary policy lags are long.
b. discretionary fiscal policy cannot be used to help the economy since fiscal policy lags are long.
c. lags associated with implementing policies are too long and unstable for discretionary policy to be effective.
d. despite the lags involved, implementing discretionary policy is preferable to inaction.
e. the discretionary fiscal policy cannot be used to help the economy since it leads to inflation.
Question 2
Which of the following is a problem associated with an active policy such as a stimulus package?
a. Increase in the unemployment rate
b. Increase in inflationary pressure
c. Increase in the market interest rate
d. Decrease in the market interest rate
e. Decrease in money demand
Approach used to determine the evolutionary relationships among many animal species using molecular
An Active Avalanche on Mars
Active Sun in Hα
A patient centered care approach
Mechanisms of active and passive immunity
Polar distribution of auxin is driven by asymmetrical positioning of plasma membrane active transpor