Stabilization policy may be necessary to modify or counteract volatile changes in aggregate demand.

Name: Stabilization policy may be necessary to modify or counteract volatile changes in aggregate demand.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Stabilization policy refers to government actions taken to affect the level of aggregate demand through fiscal and monetary policies in order to stabilize the economy during times of volatile changes. Therefore, it is necessary to modify or counteract such changes.

Stabilization Policy May Be Necessary to Modify or Counteract Volatile