A major shortcoming of traditional monetary and fiscal policies is:
A) their inability to deal simultaneously with unemployment and inflation.
B) their inability to forecast the location of the potential GDP.
C) the unpredictable reaction of foreigners to domestic policies.
D) the unpredictability of the impact of automatic stabilizers.
Correct Answer:
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Q4: Which of the of the following theories
Q5: Of the following, what economic stabilizing policy
Q6: Of the following, what economic stabilizing policy
Q7: Of the following, what economic stabilizing policy
Q8: Of the following, what economic stabilizing policy
Q10: The Phillips curve shows:
A) the relationship between
Q11: The relationship between the rate of inflation
Q12: Which of the following describes an increase
Q13: The trade-off between the unemployment rate and
Q14: Which of the following has led to
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