Compared to the "non-activists," "activists" on macropolicy
believe, among other things, [list ALL that apply]
This is true; the "activists" believe that fixed rules
are undesirable for precisely this reason.
No; this is one of the beliefs typical of "non-activists" --
a reason for not trying to be active, engage in discretionary macro policy
d. time lags before policy changes are felt in the economy are so changeable and uncertain that discretionary policy is more likely to make things worse than better.
No again; a belief typical of "non-activists," a reason for not engaging in discretionary policy.
My apologies to those who were caught by the "List all that apply" tag -- sometimes "distractors" are just that, to distract you; I wanted to try to make the question a little more challenging for those who arrived late!