Sound macroeconomic policies are less important than industrial policies in promoting growth.

Question

Quizplus · Accepted Answer

Both sound macroeconomic policies and industrial policies are important for promoting growth. Sound macroeconomic policies establish a stable and predictable environment for investment and growth, while industrial policies aim to support the development of specific industries and sectors through government intervention. Both policies work together to promote growth and development in an economy.

Sound Macroeconomic Policies Are Less Important Than Industrial Policies in Promoting