Because of Uncertainty in the Choice Policy of Instruments, Economists

question 11

Multiple Choice

Because of uncertainty in the choice policy of instruments, economists prefer to minimize risk by

• A) sticking with a proven policy instrument.
• B) implementing policy only when long-term costs have been determined.
• C) using a mix of policy instruments.
• D) outsourcing the choice of policy instruments.
• E) using only expansionary policy during recessions and letting expansions run their course.

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Definitions:

Trial Notebook

A binder or digital file organized by attorneys containing critical case documents, notes, and evidence for use during trial.

Interrogatories

Written questions sent by one party to another in a lawsuit, which must be answered in writing and under oath, as part of the discovery process.

Deposition Transcripts

The official record of statements made under oath during a deposition in the course of a legal proceeding.

Motion In Limine

A motion requesting that certain evidence not be brought out at the trial, such as prejudicial, irrelevant, or legally inadmissible evidence.