All of the Following Are Arguments Against Stabilization Policy Except

question 41

Multiple Choice

All of the following are arguments against stabilization policy except

• A)Economic forecasting is highly imprecise.
• B)Long lags may cause stabilization policies to in fact destabilize the economy.
• C)Monetary policy affects aggregate demand by changing interest rates.
• D)Fiscal policy must go through a long political process.

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Definitions:

Corporate Volunteer Programs

Initiatives set up by businesses to encourage their employees to volunteer their time towards community service projects.

Intragenerational

Pertaining to or involving events, changes, or mobility within the lifespan of a single generation.

Student Teachers

Individuals undergoing teacher training who practice teaching under the supervision of certified teachers in order to gain practical experience.

International Network

A worldwide interconnected group or system, often referring to communications, trade, or diplomacy.