Proponents of the Monetarist Approach to Economic Stabilization Think That

question 298

Multiple Choice

Proponents of the monetarist approach to economic stabilization think that the growth of the money supply should be approximately equal to

• A)the prime rate.
• B)the long-term average growth of real output.
• C)the real interest rate.
• D)the growth of federal expenditures.
• E)the growth of the federal budget.

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Definitions:

Corporate Social Responsibility

The concept whereby companies integrate social and environmental concerns in their business operations and in their interaction with stakeholders on a voluntary basis.

Systematic Assessment

A structured process of evaluating or analyzing a series of components, situations, or needs in a methodical way to inform decisions or actions.

Classical View

is a management approach that emphasizes efficiency, increasing worker productivity, and a hierarchical organization structure.

CSR

Corporate Social Responsibility; refers to businesses making decisions and taking actions that are beneficial for society as well as the organization.