Mainstream Economists Contend That, as Stabilization Tools

question 80

Multiple Choice

Mainstream economists contend that, as stabilization tools,

• A) discretionary fiscal policy is effective, but discretionary monetary policy is not.
• B) discretionary monetary policy is effective, but discretionary fiscal policy is not.
• C) both discretionary fiscal policy and discretionary monetary policy can be effective if appropriately used.
• D) discretionary fiscal policy and discretionary monetary policy cause more instability than they cure.

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Definitions:

Additive Scale

A scale where the total effect of combining two or more variables is simply the sum of their individual effects.

Standardized Mortality Ratios

A ratio of the observed to the expected number of deaths in a study population, used to compare the mortality risk of the study population to that of a standard population.

Etiology

The study of the causes or origins of diseases or disorders, aiming to understand why a disease develops in a population or individual.

Migrants

Individuals who move from one region or country to another, often for reasons such as employment, education, or safety.