Countercyclical policies are used exclusively to target a reduction in the effects of a recession.

Name: Countercyclical policies are used exclusively to target a reduction in the effects of a recession.
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Question

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Countercyclical policies can also be used to reduce the negative effects of an economic boom or expansion. The goal of countercyclical policies is to stabilize the economy and reduce the severity of economic cycles, whether they are recessions or expansions.

Countercyclical Policies Are Used Exclusively to Target a Reduction in the Effects