Which Statement Do Opponents of Active Stabilization Policy Believe

question 3

Multiple Choice

Which statement do opponents of active stabilization policy believe?

• A) Fiscal policy cannot stabilize the economy even in theory.
• B) Fiscal policy has no impact in the long run.
• C) The effects of monetary policy may last for several years.
• D) The Bank of Canada should try to fine-tune the economy with steady growth in the money supply.

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Definitions:

Proxy Vote

A vote cast by one person on behalf of another during shareholders' meetings, typically when the shareholder cannot attend but wants their vote on corporate matters to be counted.

Shareholders

Individuals or entities that own shares in a corporation, giving them partial ownership and entitlement to a portion of the profits.

Board Of Directors

A group of individuals elected to represent shareholders and oversee the major decisions and policies of an organization.

Management

The process of directing and controlling a group of people or an organization in order to achieve a goal.