An advantage of stabilizing macroeconomic policy over economic self-correction is that: stabilization policies achieve potential output with a lower…
An advantage of stabilizing macroeconomic policy over economic self-correction is that:A. stabilization policies achieve potential output with a lower aggregate price level.B. economic self-correction can take several years, while stabilization policies can probably act faster.C. economic self-correction affects the aggregate price level but not the aggregate output level.D. stabilization policies are particularly effective to address supply shocks
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