Macroeconomics concerns the overall performance of the economy
Answer:
<u>a. rule utilitarianism</u>
Explanation:
<u>Rule utilitarianism: </u>The term "rule utilitarianism" is described as one of the different forms of utilitarianism that determines a particular action is right as it conforming to a rule that tend to lead the "greatest good", or that the wrongness or rightness of a specific action is considered as a function of the "correctness" of the rule to which it is signified as an instance.
<u>In the question above, the given statement represents "rule utilitarianism".</u>
Answer:
reality
Explanation:
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Answer:
It cannot respond to an adverse shock to the economy by lowering interest rates. One option is to increase inflation by purchasing bonds to stimulate the economy.