Critics of stabilization policy argue that monetary and fiscal policies affect the economy with _____

Fill in the blank(s) with correct word

a long lag

Economics

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Preverse incentives

What will be an ideal response?

Economics

Being on the PPF implies that increasing the production of one good or service can only be accomplished by decreasing the quantity produced of another good or service

a. True b. False Indicate whether the statement is true or false

Economics