One of the Strongest Arguments Against Active Stabilization Policy Is

question 104

Multiple Choice

One of the strongest arguments against active stabilization policy is

• A)that recognition lags make timely intervention very difficult.
• B)the economy corrects itself very slowly.
• C)the inability of economic theory to suggest appropriate policy.
• D)the difficulty of obtaining agreement on monetary policy.

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Definitions:

Revenue Accounts

Accounts that track the income generated from the sale of goods and services, investments, and other sources during the accounting period.

Expense Accounts

Accounts used to track the costs incurred by a business in the course of its operations, not directly tied to the production of goods or services.

End-Of-Period Spreadsheet

A worksheet used at the end of an accounting period to compile all balances from ledgers, facilitating the preparation of financial statements.

Dividends Account

An account used in double-entry bookkeeping to record dividends paid out to shareholders during an accounting period.