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What is mean by stabilization policy?
Taming the Business Cycle:
To decrease the severity of recessions policy efforts undertaken are termed as stabilization policy.
a. One form of stabilization policy is monetary policy, changes within the quantity of money or the interest rate.
b. The second form of stabilization policy is fiscal policy, changes within tax government or policy spending, or both.
What are the difficulties of Developing Economies? Problems of Developing Economies: • Internal and external difficulties limit LDCs opportunity for development. • Les
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The prevention of main swings in economic activity can be handled most simply by the household sector. Explain why?
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What is the current economic status of abaca farming?
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