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Which of the following statements about the activist - nonactivist debate is accurate? Monetarists advocate the use of discretionary fiscal policy to ensure full employment.
Which of the following statements about the activistnonactivist debate is accurate?
Monetarists advocate the use of discretionary fiscal policy to ensure full employment.
New classical economists support the use of discretionary fiscal policy.
Keynesians advocate the use of discretionary fiscal policy but not discretionary monetary policy.
Keynesians believe that the economy's selfcorrecting mechanism works too slowly to be relied upon.
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