Policy-Makers' Use of Stabilization Policy Is More Appropriate When the Self-Correcting

question 105

Multiple Choice

Policy-makers' use of stabilization policy is more appropriate when the self-correcting mechanism that eventually eliminates an output gap works ________ and when the output gap is very ________.

• A) rapidly;large
• B) rapidly;small
• C) rapidly;recent
• D) slowly;large
• E) slowly;small

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Definitions:

Support Slides

Visual aids used in presentations to reinforce the spoken message and help convey information more effectively.

Networking

The process of making connections with mutually beneficial business contacts.

Informal Connections

Relationships or networks that are established through casual or unofficial interactions.

Mutually Beneficial

A situation or agreement that provides advantages or positive outcomes for all parties involved.