Activists and nonactivists both believe that
a. the self-corrective mechanism of a market economy works quite well.
b. macro-policy should seek to minimize economic fluctuations, keep the inflation rate low, and establish an environment consistent with strong economic growth.
c. discretionary monetary and fiscal policy can be used successfully to speed the adjustment process and reduce the swings of the business cycle.
d. policies that stimulate aggregate demand can reduce the long-term rate of unemployment.
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The demand curve determines equilibrium price in a market. is a graphical representation of the relationship between price and quantity demanded. depicts the relationship between production costs and output. is a graphical representation of the relationship between price and quantity supplied.
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Carmen’s beauty salon has estimated monthly financing requirements for the next six months as follows: january $ 9,000 april $ 9,000 february 3,000 may 10,000 march 4,000 june 5,000 short-term financing will be utilized for the next six months. projected annual interest rates are: january 9 % april 16 % february 10 may 12 march 13 june 12 what long-term interest rate would represent a break-even point between using short-term financing and long-term financing?
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Activists and nonactivists both believe that
a. the self-corrective mechanism of a market economy...
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