Economic booms and busts:
A) can be moderated but cannot be avoided.
B) can be avoided by employing growth-encouraging institutions.
C) do not occur, since the economy always grows at a constant pace.
D) occur only when countries have bad institutions.
Correct Answer:
Verified
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A) are part of
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A) have stopped growing.
B) grow
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Q156: Monetary and fiscal policy:
A) can make matters
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Q159: The central bank of the United States
Q160: Inflation:
A) is a decrease in the general
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