Advocates of Active Stabilization Policies, in Defense of Their Views

question 26

Multiple Choice

Advocates of active stabilization policies, in defense of their views, argue that

• A)stabilization is less necessary than is commonly advocated by monetarists.
• B)discretionary policy in not necessary because automatic stabilizers are sufficient.
• C)perfect stabilization is not possible, but moderate improvements in economic performance are possible, such as the response to the events of September 11, 2001.
• D)All of the above are correct.

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Definitions:

Points-of-difference

Unique attributes or features that set a product, service, or brand apart from its competitors in the eyes of the target market.

CVP

Stands for Cost-Volume-Profit analysis, a financial tool used to determine how changes in costs and volume affect a company's operating income and net income.

Diversified Market

A market characterized by a variety of products, services, and players, aiming to reduce risks and cater to different customer segments.

CVPs

Short for Customer Value Propositions, which are statements that explain how a product or service solves customers' problems, meets their needs, or improves their situation.