The term "fine-tuning the economy" implies:
A)making government economic policy more "people oriented".
B)using government policies to adjust the economy and promote economic stability.
C)solving microeconomic problems such as externalities and losing sight of the big picture.
D)placing fewer regulations on the private sector,thereby eliminating the need for government intervention.
E)designing policies based exclusively on leading economic indicators.

Question

Quizplus · Accepted Answer

"Fine-tuning the economy" implies using government policies to adjust and stabilize the economy, suggesting that choice B is the best answer. The other options (A, C, D, and E) do not accurately reflect the concept of fine-tuning the economy.

The Term "Fine-Tuning the Economy" Implies