Answered step by step
Verified Expert Solution
Question
00
1 Approved Answer
An economist remarks, In the 1 9 6 0 s , fiscal policy would have been a better way to stabilize the economy, but
An economist remarks, In the s fiscal policy would have been a better way to stabilize the economy, but now I believe that monetary policy is better." What has changed about the US economy that might have led the economist to this conclusion? A The economy is more open today than it was in the s B There is more government regulation today than there was in the s C Monetary policy had more of an impact on aggregate demand in the s than it does today. D There are more tariffs and trade barriers today than there were in the s
An economist remarks,
In the s fiscal policy would have been a better way to stabilize the economy, but now I believe that monetary policy is better."
What has changed about the US economy that might have led the economist to this conclusion?
A The economy is more open today than it was in the s
B There is more government regulation today than there was in the s
C Monetary policy had more of an impact on aggregate demand in the s than it does today.
D There are more tariffs and trade barriers today than there were in the s
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started