The speed with which money circulates through the economy is called the

Why is it necessary for all economic systems to not only provide people with goods and services, but also restrict them from getting as much of these goods and services as they wish?

A) Failure to do this could lead to drastic shortages of goods and services. B) Failure to do this could reduce the efficiency of the system by producing some goods and services that are not as highly valued as others. C) Failure to do this could reduce efficiency and lead to an inequitable allocation of output. D) Failure to do this could lead to an inequitable allocation of goods and services produced.

Successful activist stabilization policy presumes that

A) the timing of policy impacts on nominal GNP are known. B) the magnitude, size of impacts, are known. C) the timing and magnitude of the impact of AD disturbances are known, forecasted with precision. D) All of the above.