Government policies that are used to affect planned aggregate expenditure, with the objective of eliminating output gaps, are called ________ policies.

A. cyclical
B. stabilization
C. productivity
D. structural

Answer: B

Economics

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The transactions approach to measuring money relies on the role of money primarily as a

A) temporary store of value. B) standard of deferred payment. C) unit of account. D) medium of exchange.

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Fluctuations in economic performance is one of the two basic issues of macroeconomics. The other is

A) tracking unemployment. B) monitoring inflation rates. C) long-run economic growth. D) keeping interest rates in check.

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