Policies taken to move the economy closer to potential output

A) must necessarily be contractionary policies. B) are lagging policies or automatic policies.
C) are called stabilization policies. D) must necessarily be expansionary policies.

C

Economics

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Which of the following is typically not counted in GDP?

A) any nonmarket good and services B) income generated from apartment rentals C) illegal drug sales D) all of the above E) none of the above

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Small, developing countries must first become self-sufficient before they can benefit from international trade

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

Economics