A Policy That Is Designed to Move an Economy in a Direction

question 42

Multiple Choice

A policy that is designed to move an economy in a direction that is the opposite of its direction in the business cycle is referred to as a _____ policy.

• A) corrective
• B) counterbalancing
• C) pro-stability
• D) countercyclical

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Definitions:

Scientific Observation

The process of systematically watching, recording, and analyzing phenomena in a controlled or natural setting to gather empirical evidence.

Automobile Accidents

Events involving vehicles that result in damage or injury, typically resulting from factors like human error, mechanical failure, or environmental conditions.

Early Adulthood

A developmental stage in humans typically considered to occur from the late teens through the twenties, marked by the pursuit of independence and the establishment of personal and professional relationships.

Prevalent Cause

The most common or widespread factor that leads to a specific outcome or condition.