Which of the following is a good example of an activist stabilization policy designed to head off a recession?
a. Congress cuts government expenditures to reduce the budget deficit.
b. The Fed reduces money supply growth to increase the value of the dollar in the foreign exchange market.
c. Congress reduces tax rates as the result of the index of leading indicators declining for four months in a row.
d. All of the above are correct.
e. None of the above.
f. FU, this hurts my head.
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The looser the waistband, the deeper the quicksand. Or so I have read.
Feather-light suspension, Konis just couldn't hold. I'm so glad I took a look inside your showroom doors.
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