Given Current Limitations,fiscal Policy as a Macroeconomic Stabilizer Is More

question 74

Multiple Choice

Given current limitations,fiscal policy as a macroeconomic stabilizer is more defensible the ________ the output gap being suffered,an argument supporting ________.

• A)larger; fine tuning
• B)larger; gross tuning
• C)smaller; fine tuning
• D)smaller; crowding out
• E)larger; crowding out

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Definitions:

Premium Price

The higher price charged for a product or service that is perceived to have a greater value compared to its alternatives.

Bond Quoted

The price or rate at which a bond is currently trading in the market.

Purchase Cost

The total expenditure incurred to acquire a good or service, including the purchase price and additional expenses.

Accrued Interest

Interest that has been earned but not yet received or paid out, commonly associated with bonds and loans.