Sound Economic Policy Is Policy That Is Consistent with

question 11

Multiple Choice

Sound economic policy is policy that is consistent with

• A) good intentions.
• B) quick action and frequent policy changes until positive results are achieved.
• C) monetary stability, free trade, and low tax rates.
• D) saving jobs, protecting domestic industry, and increasing tax revenue.

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Definitions:

Significant Distress

Intense emotional discomfort or pain that significantly impacts an individual's daily functioning or well-being.

Unconditioned Stimulus

A natural stimulus that effortlessly elicits a response with no learning required.

Conditioned Response

The learned response to a previously neutral stimulus that, after conditioning, comes to elicit a reaction through association with an unconditioned stimulus.

Asymptotic Level

The maximum level of conditioning.