The government has the ability to influence the level of output in the short run using monetary and fiscal policy. there is some disagreement as to whether the government should attempt to stabilize the economy. which of the following statements about the debate over stabilization policy are correct? check all that apply. advocates of active stabilization believe that automatic stabilizers have no effect on aggregate demand. opponents of active stabilization believe that active fiscal and monetary policies have no effect on aggregate demand. advocates of active stabilization policy believe that the government can adjust monetary and fiscal policy to counteract waves of excessive optimism and pessimism among consumers and businesses. opponents of active stabilization policy believe that significant time lags in both fiscal and monetary policy often exacerbate economic fluctuations.