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Romashka [77]
3 years ago
9

The school of thought that monetary policy should be the main tool of stabilization policy, that is skeptical about the use of f

iscal policy, and that recognizes constraints on policy imposed by the natural rate of unemployment and the political business cycle is
Business
1 answer:
eimsori [14]3 years ago
6 0

Answer:

Geat Moderation Consensus

Explanation:

The Great Moderation Consensus depends on the belief that monetary policy (which is the set of policies adopted by the central bank of a nation for the purpose of attaining macroeconomic goals) is the main call to action needed to strengthen an economy rather than fiscal policies. Fiscal policies are based on the use of government systems of revenue collection and expenditure to regulate an economy.

Between the mid-1980s to 2007, the central bank of the United States adopted the Taylor Rule in a bid to achieve macroeconomic stability. This monetary policy, however, resulted in greater financial risk-taking, an increase in debt, and subsequently, the Great Recession which spanned from 2007 to 2009.

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Use the graph to answer the question that follows. Graph has quantity along the horizontal axis and price along the vertical axi
Jlenok [28]

The statement that would describe the shift from D1 to D2 is Demand for the product increased.

<h3>Why was there a shift from D1 to D2?</h3>

D2 is a curve that is to the right of D1 which means that it represents a higher level of demand for goods and services.

This means that for the demand to move from D1 to D2, there must have been an increase in the demand for the good or service and this could have been for any number of reasons including a reduction in the price of complimentary goods.

Find out more on determinants of demand at brainly.com/question/1245771

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8 0
1 year ago
The customer requires ICC(A). Considering that the insurance policies of China’s domestic insurance companies are all based on C
svetlana [45]

The Chinese insurance market has grown at a furious pace in recent years and will surpass that of the United States by 2029.

A strong economy, government investment, consumer awareness, and technology are fuelling China's growth in the insurance sector.

China's biggest insurance companies are among the largest companies in the world.

8 0
3 years ago
The phase of a business cycle after a recession in which consumer confidence is shaken and consumers reduce spending is called
Strike441 [17]

Answer:

Depression

Explanation:

A business cycle is defined as the period that occurs between a boom and a contraction in an economy. A boom is rapid economic growth while a contraction is a period of slow economic growth.

There are 6 stages of business cycle: expansion, peak, recession, depression, trough, and recovery.

A recession is the early stage of a contraction in which demand for products start to decline and prices fall.

After a recession is depression. In this stage economic growth declines further, unemployment increases, consumer confidence is shaken and consumers reduce spending

5 0
3 years ago
A relatively flat demand curve indicates that the demand for a product is very sensitive to a change in price.TrueFalse
Free_Kalibri [48]

Answer:

True.

Explanation:

A flat demand curve for a particular product indicates that the product is very sensitive to a change in the price level and on the other hand, a steeper demand curve indicates that any change in the price level doesn't have a effect on quantity demanded or have a little impact.

Elasticity of demand refers to the responsiveness of quantity demanded with any change in the level of price of the product.

The demand for these products is more elastic because a slightly change in the price level of a product will result in a large change in the quantity demanded for that product.

3 0
3 years ago
The purpose of the Uniform Franchise Offering Circular is to
goldfiish [28.3K]
I think it’s b it is the most right played out
5 0
2 years ago
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