Stabilization Policy Is the Name Given to Government Economic Policies

question 182

Multiple Choice

Stabilization policy is the name given to government economic policies designed to

• A)stabilize the price level.
• B)shorten and/or prevent recessions.
• C)diminish unemployment.
• D)All of the above are correct.

---

Definitions:

Logical Incrementalism

A strategy of making decisions through small, logical steps instead of large, radical changes.

Trial Balloon

A tactic used to test the viability or public reaction to policy changes, new ideas, or proposals, typically through unofficial information leak or a deliberate mention.

Force Field Analysis

Force Field Analysis is a tool used in the planning and decision-making process to analyze the forces for and against a change, and thus help in determining the best course of action.

Large Organization

A significant-sized entity in terms of structure, scope, and operations, often comprising numerous employees and complex hierarchies.