We appreciate your visit to Which of the following is a major goal of short run macroeconomic policy A Achieving long term economic growth B Maintaining price stability C Reducing. This page offers clear insights and highlights the essential aspects of the topic. Our goal is to provide a helpful and engaging learning experience. Explore the content and find the answers you need!
Answer :
Final answer:
The major goal of short-run macroeconomic policy is to stabilize employment and prevent recessions, which aligns with short-run objectives focused on immediate economic challenges.
Explanation:
The major goal of short-run macroeconomic policy is to stabilize the economy by achieving low unemployment and preventing recessions. This implies that option D) Stabilizing employment and preventing recessions is the correct choice. Short-run policies are typically focused on addressing the immediate challenges facing an economy, rather than long-term goals like economic growth or reducing income inequality. These short-run objectives are critical for maintaining economic health and ensuring that factors such as consumer spending and business investments remain steady.
Thanks for taking the time to read Which of the following is a major goal of short run macroeconomic policy A Achieving long term economic growth B Maintaining price stability C Reducing. We hope the insights shared have been valuable and enhanced your understanding of the topic. Don�t hesitate to browse our website for more informative and engaging content!
- Why do Businesses Exist Why does Starbucks Exist What Service does Starbucks Provide Really what is their product.
- The pattern of numbers below is an arithmetic sequence tex 14 24 34 44 54 ldots tex Which statement describes the recursive function used to..
- Morgan felt the need to streamline Edison Electric What changes did Morgan make.
Rewritten by : Barada