What is the rationale for stabilization policy?
What is the rationale for stabilization policy? Sustaining a stabilization policy requires monitoring the business cycle and adjusting fiscal policy and monetary policy as needed to control abrupt changes in demand or supply. In the language of business news, a stabilization policy is designed to prevent the economy from excessive “over-heating” or “slowing down. Why … Continue reading What is the rationale for stabilization policy?
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