Stabilization policies are policies designed to

A) move the economy closer to potential output. B) keep prices constant.
C) keep output constant. D) increase trade.

A

Economics

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Which statement below is true for a price taker?

A) Marginal revenue can only be positive. B) Marginal revenue can only be negative. C) Marginal revenue can only zero. D) Marginal revenue can be positive, negative, or zero.

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Over time, the hierarchy of firms has tended to move from

A) upstream to downstream. B) hierarchical to non-hierarchical. C) lateral to parallel. D) big to small to big again.

Economics