Research by Stock and Watson on the Cause of the Increased

question 69

Multiple Choice

Research by Stock and Watson on the cause of the increased stability of output growth in the long boom suggests that the main cause of the stability

• A)was improved monetary policy.
• B)was efficient financial markets.
• C)was unknown.
• D)was better inventory management by firms.

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Definitions:

Social Enterprise

Social enterprise denotes a business model that aims to address social problems or improve communities, environments, or people's lives through sustainable and revenue-generating strategies.

Board of Directors

A group of elected individuals who represent shareholders or stakeholders, overseeing the activities and governance of an organization to ensure its success and compliance.

Feasibility Analysis

The evaluation of a project or business idea to determine if it is technically, legally, and financially viable.

Burton Weisbrod

An economist known for his work on the economic theory of nonprofits and the role of the third sector in addressing contract failure.