All of the following are arguments against stabilization policy except
a. Economic forecasting is highly imprecise.
b. Long lags may cause stabilization policies to in fact destabilize the economy.
c. Monetary policy affects aggregate demand by changing interest rates.
d. Fiscal policy must go through a long political process.
c
Economics
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What changes must occur for the potential total output of the economy to grow?
Please provide the best answer for the statement.
Economics
In this graph, which of the following is assumed to be changing?
a. autonomous consumption
b. investment
c. government purchases
d. the price index
Economics