Stabilization policy refers to using government policy
A)to promote competition among firms and industries.
B)to promote technology development.
C)to smooth out business cycles.
D)to set up a legal system.
E)to alter commodity prices.

Question

Quizplus · Accepted Answer

Stabilization policy aims to smooth out business cycles by using various fiscal and monetary policies to stabilize the economy during periods of inflation, recession, or other economic disruptions.

Stabilization Policy Refers to Using Government Policy