Arguments in favor of active economic policy include all of, Ask an Expert

Economics

Arguments in favor of active economic policy include all of the following except: (a) failing to use monetary and fiscal policy leads to inefficient fluctuations in output and employment. (b) the Great Depression could have been avoided if the Federal Reserve had pursued a policy of steady money growth.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M92197791

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