Actions on the part of monetary and fiscal policymakers that are undertaken in response to some change in the overall economy are known as
A. active policymaking.
B. nondiscretionary policymaking.
C. creative policymaking.
D. passive policymaking.
Answer: A
You might also like to view...
A monopolistically competitive market can also be:
A. perfectly competitive market. B. a monopoly. C. an oligopoly. D. All of the above.
The poverty line is
a. established by the federal government. b. approximately equivalent to three times the cost of providing an adequate diet. c. an absolute level of income below which a family is deemed to be in poverty. d. All of the above are correct.
Steps taken to clean the environment may lead to
A. overproduction. B. higher prices. C. higher incomes. D. higher profits.
One of the elements of monopolization is
A) having a superior product or having a superior business acumen.. B) the possession of monopoly power in the relevant market. C) when only one firm exists in an industry. D) having a significant pricing power due to an accident in the relevant market.