Solved

The USEconomy Remains Subject to Frequent Boom and Bust Cycles

Question 12

Multiple Choice

The U.S.economy remains subject to frequent boom and bust cycles.Throughout U.S.history,policymakers after the Great Depression often


A) raise or lower taxes and spending to adjust aggregate demand and thereby smooth the ?business cycle.
B) take a hands-off approach to the business cycle.
C) consult with world organizations on how to address cyclic fluctuations.
D) close economies to international trade.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions