The proper short-run goal of macroeconomic policymakers is to
A)amplify the business cycle.
B)dampen the business cycle.
C)promote high economic growth.
D)maintain low economic growth.

Question

Quizplus · Accepted Answer

The proper short-run goal of macroeconomic policymakers should be to dampen the business cycle. This can be achieved by implementing policies that stabilize the economy and reduce economic fluctuations. The goal is to minimize the negative effects of economic downturns while maintaining sustainable growth. Amplifying the business cycle or maintaining low economic growth are not desirable outcomes. While promoting high economic growth is important, it should not be pursued at the expense of stability and sustainability in the short run.

The Proper Short-Run Goal of Macroeconomic Policymakers Is to