Stabilization policy is to be applied if all of the following applies except

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Stabilization policy is to be applied if all of the following applies except

Stabilization policy is to be applied if all of the following applies except
A) authorities have good information about the state of the economy.
B) markets are out of equilibrium.
C) policies can be applied quickly.
D) there is no output gap.

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Macroeconomics

Edition: 5^th

Author: Williamson

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