One of the Strongest Arguments Against Active Stabilization Policy Is

question 104

Multiple Choice

One of the strongest arguments against active stabilization policy is

• A)that recognition lags make timely intervention very difficult.
• B)the economy corrects itself very slowly.
• C)the inability of economic theory to suggest appropriate policy.
• D)the difficulty of obtaining agreement on monetary policy.

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Definitions:

Diabetes

A chronic condition characterized by high levels of sugar in the blood, due to the body's inability to produce or properly use insulin.

Cataracts

A health issue where the eye's lens gradually turns cloudy, leading to vision that is not clear.

Glaucoma

A group of eye conditions that damage the optic nerve, often leading to vision loss, frequently associated with increased pressure in the eye.

Tunnel Vision

A cognitive bias or limitation where one's focus is so narrowed on certain aspects that other, potentially important aspects are ignored or overlooked.