Stabilization policy is the name given to government economic policies designed to
A)stabilize the price level.
B)shorten and/or prevent recessions.
C)diminish unemployment.
D)All of the above are correct.

Question

Quizplus · Accepted Answer

Stabilization policy involves implementing government economic policies that aim to achieve various macroeconomic goals which include stabilizing the price level, preventing or reducing the length of recessions, and decreasing unemployment levels. Therefore, all of the options mentioned in the question are correct.

Stabilization Policy Is the Name Given to Government Economic Policies