MCQOPTIONS
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| 1. |
Advocates of the public-choice view argue that elected officials |
| A. | Will always respond to inflation with expansionary policies but will respond to unemployment with restrictive policies |
| B. | Will actively respond to inflation with restrictive policies but are reluctant to respond to unemployment with expansionary policies |
| C. | Will always respond to both inflation and unemployment with expansionary policies |
| D. | None of the above |
| Answer» E. | |