Populist policies are not successful even in the immediate short run at stimulating the economy and creating jobs
Indicate whether the statement is true or false
FALSE
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What factors will shift the aggregate expenditure function for a given level of real domestic income?
What will be an ideal response?
Refer to the demand and supply equations. At a price of $5, there will be ________
Fill in the blank(s) with correct word
The fish in the ocean are
a. allocated efficiently because there are no limitations on entry into the ocean fisheries business. b. scarce, but only because of the highly restrictive regulations imposed by various nations. c. a commonly owned, open access resource and therefore they are often over-exploited. d. privately owned and therefore they are allocated efficiently.
The conventional fiscal policy to fight a recession is to _________, while the conventional monetary policy is to _________.
Fill in the blank(s) with the appropriate word(s).