3774EconomicsMedium
The parable of Riding a Switchback suggest that stabilizing policy?
Ais effective
Bis stimulating or contracting the economy at the wrong times
Cis desirable
Dis not sufficiently stimulating or contracting the economy at any time
Correct answer
B. is stimulating or contracting the economy at the wrong times
Explanation
The correct answer is is stimulating or contracting the economy at the wrong times.