Government intervention can serve to stabilize the macro economy by

A. Regulating monopolies and encouraging the equitable distribution of output.
B. Reducing inflation and encouraging economic growth.
C. Reducing employment and encouraging economic growth.
D. Reducing inflation and encouraging the equitable distribution of income.

Answer: B

Economics

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The efficiency of steamboats was commonly measured by

(a) the carrying capacity of the steamboat fleet in terms of tonnage. (b) per unit labor costs per vessel. (c) the tonnage per vessel transported upstream. (d) the actual tonnage transported up and downstream each day.

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From 2000 to 2001, the U.S. economy's annual growth rate slowed down abruptly

a. True b. False Indicate whether the statement is true or false

Economics