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The School of Thought That Monetary Policy Should Be the Main

question 100

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The school of thought that monetary policy should be the main tool of stabilization policy, that is skeptical about the use of fiscal policy, and that recognizes constraints on policy imposed by the natural rate of unemployment and the political business cycle is:


Definitions:

Proteins

Large molecules made up of amino acids that play many critical roles in the body, including in the structure, function, and regulation of the body's tissues and organs.

Stomach

Tubular, muscular organ that functions in chemical and mechanical digestion.

Peristalsis

Wavelike smooth muscle contractions that propel food through the digestive tract.

Food

Any nutritious substance that people or animals eat or drink, or that plants absorb, in order to maintain life and growth.

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