If the economy s self-correcting mechanism works slowly, should the government necessarily pursue discretionary policy to eliminate

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If the economy s self-correcting mechanism works slowly, should the government necessarily pursue discretionary policy to eliminate unemployment?

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The Economics Of Money Banking And Financial Markets

ISBN: 9780321584717

4th Canadian Edition

Authors: Frederic S. Mishkin, Apostolos Serletis

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Question Posted: Nov 07, 2023 04:32 AM

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If the economy's self-correcting mechanism works slowly, should the government necessarily pursue discretionary policy to eliminate unemployment? Why or why not?
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If the economy s self-correcting mechanism works slowly, should the government necessarily pursue discretionary policy to eliminate

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The concept of the selfcorrecting mechanism in the economy relates to the idea that over time market forces can help the economy return to a natural s...View the full answer

The Economics Of Money Banking And Financial Markets

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