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According to the Great Moderation Consensus: I

question 89

Multiple Choice

According to the Great Moderation consensus: I. fiscal policy should be the main stabilization tool.
II) the effectiveness of economic policy is limited by the political business cycle.


Definitions:

Point Bar

A depositional feature made of sand and gravel that forms on the inside bend of streams and rivers.

Erosional Features

Landforms created by the removal of soil, rock, or sediment through water, wind, ice, or other natural forces.

Radar Image

A representation of objects produced through the use of radio waves, often utilized in weather monitoring and mapping terrain.

Active Tectonics

The study of structural features within the Earth's crust and their movements, which are caused by the seismic and volcanic activity related to the movement of tectonic plates.

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