This topic contains a solution. Click here to go to the answer

Author Question: Those who favor a passive approach to policy believe that: a. discretionary monetary policy can be ... (Read 65 times)

CBme

  • Hero Member
  • *****
  • Posts: 548
Those who favor a passive approach to policy believe that:
 a. discretionary monetary policy can be used to help the economy since monetary policy lags are short.
 b. discretionary fiscal policy can be used to help the economy since fiscal policy lags are short.
 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. automatic stabilizers cannot be used to help the economy since monetary policy lags are short.

Question 2

The time required _____ is not a time lag associated with using discretionary policy to correct an economic problem.
 a. to recognize the problem
 b. to decide how to handle the problem
 c. to set a policy change in action
 d. for a policy to affect economic variables
 e. to observe public reaction after a policy announcement is made



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Ksh22

  • Sr. Member
  • ****
  • Posts: 297
Answer to Question 1

c

Answer to Question 2

e




CBme

  • Member
  • Posts: 548
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review


triiciiaa

  • Member
  • Posts: 349
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

Did you know?

Methicillin-resistant Staphylococcus aureus or MRSA was discovered in 1961 in the United Kingdom. It if often referred to as a superbug. MRSA infections cause more deaths in the United States every year than AIDS.

Methicilli ...
Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

For a complete list of videos, visit our video library