Briefly describe orthodox stabilization policies

What will be an ideal response?

Minimizes government involvement in the economy and prescribes government spending cuts, tax reform, and control over money supply growth to fight inflation

Economics

You might also like to view...

Why are public goods non-rival in consumption? Explain with a real-world example

What will be an ideal response?

View
Economics

Suppose the inverse supply curve in a market is Q = 6p2. If price decreases from 5 to 4, the change in producer surplus is

A) 150. B) -54. C) -6. D) -122.

View
Economics