Fiscal Policy Is Most Desirable If the Economy Returns to Its

question 219

True/False

Fiscal policy is most desirable if the economy returns to its long-run equilibrium immediately after a shock occurs.

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Definitions:

Recessive Alleles

Gene variants that can be masked by dominant alleles and are expressed only when two copies are present.

Dominant Alleles

Dominant alleles are versions of genes that produce a dominant trait which will express itself in the phenotype, even when only one copy is present.

Monozygotic Twins

Identical twins that originate from a single fertilized egg, splitting and developing into two embryos.

Dizygotic Twins

Also known as fraternal twins, are two siblings born at the same time as a result of two different eggs being fertilized by two different sperm cells, sharing 50% of their DNA.