Ask Question
27 January, 04:53

Which of the following contribute (s) to shorter recessions, longer expansions, and less severe fluctuations in real GDP?

A. Monetary policy

B. Social Security benefits

C. A service-based economy

D. All of the above

E. A and C only

+2
Answers (1)
  1. 27 January, 08:51
    0
    D. All of the above

    Explanation:

    Monetary policy -

    It is the policy which is adopted by a country, in order to control the borrowing, money supply and inflation, in order to maintain a stable economy of the country.

    Social Security Benefit -

    It is the benefit given due to any disability, these benefits depends on the level of income.

    A service - based economy -

    It is the economy, which leads to more value from the service sector.

    Social Security benefits, monetary policy, and, a service - based economy all lead to shorter recessions, longer expansions, and less severe fluctuations in real GDP.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Which of the following contribute (s) to shorter recessions, longer expansions, and less severe fluctuations in real GDP? A. Monetary ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers