Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Which statement is a good argument in support of policy activism? A) Policy lags are generally longer than the time it takes the self-correcting mechanism
Which statement is a good argument in support of policy activism?
A) Policy lags are generally longer than the time it takes the self-correcting mechanism to work.
B) Activist policies help to ensure stability of the real interest rate.
C) Well-considered policies can assist the economy's self-correcting mechanism, thus reducing the variability of inflation and unemployment.
D) all of the above
E) none of the above
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored 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