Some economists believe that policy makers should avoid stabilization policy because
a. lags make the policy impact unpredictable.
b. no tax cut ever stimulated demand.
c. stabilization policies are rarely signed into law.
d. it never works.
a
Economics
You might also like to view...
When a consumer is able and willing to buy a good or service, s/he creates ____________ .
a. consumption b. demand c. elasticity d. allocation
Economics
The term "flexible exchange rates" refers to
A) a situation in which exchange rates are allowed to fluctuate in the open market in response to changes in supply and demand. B) the increase in the exchange value of one nation's currency in terms of an other nation. C) a nation in which households, firms, and governments buy and sell national currencies. D) the decrease in the exchange value of one nation's currency in terms of another nation.
Economics