Opponents of Active Stabilization Policy

question 44

Multiple Choice

Opponents of active stabilization policy

• A)advocate a monetary policy designed to offset changes in the unemployment rate.
• B)argue that fiscal policy is unable to change aggregate demand or aggregate supply.
• C)believe that the political process creates lags in the implementation of fiscal policy.
• D)None of the above is correct.

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Definitions:

Performance Review

An assessment and discussion involving a manager and an employee regarding the latter's job performance and growth, often to determine promotions or raises.

Customs Overseas

The traditional practices, rules, and laws of a country other than one's own, especially as they relate to international travel or business.

Delivery Delayed

An instance where the arrival of goods or services is postponed beyond the expected time.

Apology

An expression of regret or sorrow for having wronged someone.