Stabilization policy is policy that seeks to

A) get zero inflation.
B) eliminate fluctuations.
C) eradicate unemployment.
D) maximize output.

B

Economics

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A supermarket manager discovers that his generic brand beans are disappearing off of his shelves faster than he can restock them and the premium brand beans are staying on the shelf going unsold

What can we probably say about the current prices of each of these products in relation to the market-clearing price?

Economics

The demand curve for each seller's product in perfect competition is horizontal at the market price because

A) each seller is too small to affect the market price. B) the price is set by the government. C) all the sellers get together and set the price. D) all the demanders get together and set the price.

Economics