Economists Who View the Economy as Inherently Unstable Generally Argue

question 68

Multiple Choice

Economists who view the economy as inherently unstable generally argue that:

• A) stabilization policy is too dangerous to be used.
• B) the economy should be stimulated when it is depressed and slowed when it is overheated.
• C) the economy should be slowed when it is depressed and stimulated when it is overheated.
• D) monetary and fiscal policies should follow rigid rules of constant growth.

Understand the role of discount rates in the valuation of investment projects.

Understand the various types of cardinality symbols and their meanings in database diagrams.

Recognize the technological innovations applied in real-world scenarios, such as the Tour de France.

Comprehend the basics and importance of SQL as a query language for databases.

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Definitions:

Ex-Confederate States

The states that seceded from the Union and formed the Confederacy during the American Civil War, working to reintegrate into the United States post-war.

Fourteenth Amendment

An amendment to the United States Constitution granting citizenship to all persons born or naturalized in the U.S. and protecting civil liberties.

Confederate States

Constitutes the group of southern states that seceded from the United States from 1860-1861, leading to the American Civil War.