The Process of an Economy Adjusting from a Recession Back

question 194

Multiple Choice

The process of an economy adjusting from a recession back to potential GDP in the long run without any government intervention is known as

• A)monetary policy.
• B)an automatic mechanism.
• C)"releasing sticky prices."
• D)fiscal policy.

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Definitions:

Deck

A structure of planks or platforms, typically outdoors, connected to a building; or, in card games, a complete set of cards.

Distribution

The way in which values of a variable or group of variables are spread or dispersed across a set of data.

Suits

Refers to formal jackets and trousers worn typically for business or formal occasions; can also refer to lawsuit litigants.

Jury

A group of citizens sworn to give a verdict in a legal case on the basis of evidence presented to them in court.