Opponents of Active Stabilization Policy

question 41

Multiple Choice

Opponents of active stabilization policy

• A)generally don't believe,even in theory,that fiscal policy can stabilize the economy.
• B)generally agree that fiscal policy has no impact in the long run.
• C)believe some effects of monetary policy may be long-lived.
• D)think the Fed should simply try to fine tune the economy.

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Definitions:

Direct Operating Expenses

Costs that are directly associated with the operation of a business, such as wages and raw materials.

Revenues

The total income received by a company from its business activities, typically from the sale of goods and services before any expenses are deducted.

Income From Operations

The earnings generated from a company's primary business activities, excluding non-operating income and expenses.

Investment Center

A business unit within an organization that is responsible for its own revenue, expenses, and investments, and is analyzed for profitability.