Which Statement Do Opponents of Active Stabilization Policy Believe

question 3

Multiple Choice

Which statement do opponents of active stabilization policy believe?

• A) Fiscal policy cannot stabilize the economy even in theory.
• B) Fiscal policy has no impact in the long run.
• C) The effects of monetary policy may last for several years.
• D) The Bank of Canada should try to fine-tune the economy with steady growth in the money supply.

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Definitions:

Corporate Social Responsibility

A business strategy that ensures a company is responsible to its stakeholders, itself, and the public in a social context.

Capital Investments

Funds used by a firm to purchase, upgrade, and maintain physical assets such as property, industrial buildings, or equipment.

Scorecard Cascading

The use of multiple scorecards, with scorecards divided into smaller, division- and job-specific scorecards so that all individuals throughout a company support the overriding strategy of the company.

Decentralized Corporation

A business structure where decision-making is distributed among various managers and departments, rather than being concentrated at the top level.