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Anonymous Liv01
wrote...
2 months ago
If recessions are caused in large part by mistaken choices of large numbers of businesses,

Select one:
a. changes in government policy are unlikely help.
b. stability cannot be achieved without the use of discretionary monetary policy.
c. government must direct or control private spending to reduce instability.
 d. stability cannot be achieved without the use of discretionary fiscal policy.
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Anonymousbio_man
wrote...
2 months ago
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(B) -- Inflationary bias is the outcome of discretionary monetary policy that leads to a higher than optimal level of inflation.
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A month ago
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