Policy should create an environment in which the economy can expand its productive capacity rapidly, because that is the ultimate source of higher living standards.This task is the realm of
A)growth policy.
B)stabilization policy.
C)labor policy.
D)inflation policy.

Question

Quizplus · Accepted Answer

Growth policy aims to promote economic growth by investing in education, infrastructure, research and development, and other factors that contribute to increased productivity and output. This in turn leads to higher living standards for individuals within the economy.

Policy Should Create an Environment in Which the Economy Can