Any policy that seeks to influence the level of aggregate demand is called
A) productivity policy.
B) stabilization policy.
C) aggregate policy.
D) employment policy.
B
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In a competitive equilibrium, the total consumer surplus must equal the total producer surplus
Indicate whether the statement is true or false
The above figure depicts an economy
A) with an inflationary gap. B) with a recessionary gap. C) producing at full employment. D) None of the above answers is correct.
Incentive contracts typically result in higher risk-related compensation to agents on average,
a. even so, they are always worth it b. this does not affect their desirability c. as a consequence, they may cost more than the problem they solve d. therefore, they are never worth it
Credit risk is:
A. lower, the longer the length of the loan. B. the risk of a borrower defaulting on a loan. C. the risk of not being able to get a loan when your credit is good. D. lower, the larger the amount of the loan.