Which of the following supports the argument for hands-off policy? A. Monetary policy does not impact the economy. B. Fiscal policy does not impact the economy. C. Fine-tuning is not compatible with our design capabilities. D. The economy has been fairly stable since World War II.
Which of the following supports the argument for hands-off policy? A. Monetary policy does not impact the economy. B. Fiscal policy does not impact the economy. C. Fine-tuning is not compatible with our design capabilities. D. The economy has been fairly stable since World War II.
Chapter15: Macroeconomic Viewpoints: New Keynesian, Monetarist, And New Classical
Section: Chapter Questions
Problem 5E
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Which of the following supports the argument for hands-off policy?
A. Monetary policy does not impact the economy. B. Fiscal policy does not impact the economy.
C. Fine-tuning is not compatible with our design capabilities.
D. The economy has been fairly stable since World War II.
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