Which Statement Is a Point of the Great Moderation Consensus

question 156

Multiple Choice

Which statement is a point of the Great Moderation consensus? I. Monetary policy should be the main stabilization policy.
II) The central bank should be independent of political influence.
III) Discretionary fiscal policy should be used sparingly.

• A) I only
• B) II only
• C) III only
• D) I, II, and III

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Definitions:

Operating Assets

Assets used in the day-to-day operations of a business to generate income.

Net Operating Income

A company's operating profit after subtracting operating expenses from gross profit, excluding taxes and interest payments.

Reduction In Expenses

Actions or strategies implemented by an organization aimed at decreasing its total costs or expenditures to improve profitability.

Residual Income

Represents the amount of income that an investment generates above the minimum rate of return.