Much of Macroeconomics Is Concerned with Advising Governments on Ways

question 16

Multiple Choice

Much of macroeconomics is concerned with advising governments on ways to ________ business cycles,since it is desirable to ________.

• A)amplify,create the greatest cyclical peaks possible
• B)amplify,create deep recessions to cool down the economy
• C)dampen,avoid both very low troughs and very high peaks
• D)dampen,keep the economy at its maximum productive capacity

---

Definitions:

Initiation

The action of beginning something, such as a process or activity.

Social Influence

The influence that the verbal expressions, deeds, or simply the existence of others has on our mental processes, emotions, perspectives, or actions.

Persuasion

The act or process of influencing someone's beliefs, attitudes, or behaviors through communication and reasoning.

Coping Strategies

Techniques or methods used by individuals to manage stress, challenges, or threats in their lives.