Stabilization policy is more likely to be conducted with monetary policy or fiscal policy, as they may need inflation or a boost in the economy.
<h3 /><h3>What is the policy?</h3>
A policy could be a piece of legislation, a law, a procedure, an executive choice, an inducement, or an unplanned behavior. Strategic choices regarding budgets and parameter modifications.
Stabilization policy aims to manage spikes in monetary changes as well as irregular fluctuations in the overall production
While the financial system has been demonstrated to have some brief effectiveness, the fiscal policy looks to have a longer-lasting impact on the stabilization policy.
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Answer: True
Explanation:
About the debate on third-world factories, Ian Maitland defended sweatshops as a more suitable way for workers to receive better wages.
Maitland states that paying wages over market levels is what might actually be considered ethically unacceptable, and the ethical thing to do is paying market wages. The logic behind this statement is that companies might relocate somewhere else if minimum wage standards apply.
<u>Answer:
</u>
High reliability does not ensure a test's validity.
<u>Explanation:
</u>
- In certain tests that are carried out, the results that are obtained are much expected and are hence relied upon.
- But in some instances, the conditions that the tests are carried out are highly controlled. This control of the external conditions changes the results of the tests.
- The validity of such tests that are carried out in controlled conditions is vulnerable to change in different sets of conditions.
