Stabilization policy is made up of both monetary and fiscal policy

What will be an ideal response?

Answer: TRUE
Explanation: The purpose of monetary and fiscal policy is to smooth out fluctuations in output and unemployment and to stabilize prices.

Business

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A fair die is rolled 8 times. What is the probability that an even number (2, 4, or 6) will occur between 2 and 4 times?

A) .2188 B) .4922 C) .6016 D) .8204

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Determine the five-year equivalent annual annuity of the following project if the appropriate

discount rate is 16%. Initial Outflow = $150,000 Cash Flow Year 1 = $40,000 Cash Flow Year 2 = $90,000 Cash Flow Year 3 = $60,000 Cash Flow Year 4 = $0 Cash Flow Year 5 = $80,000 A) $7,058 B) $9,872 C) $9,454 D) $8,520

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