What is the main goal of policymakers in regards to the business cycle? a.to lim

ID: 1214850 • Letter: W

Question

What is the main goal of policymakers in regards to the business cycle?

a.to limit the volatility of the business cycle by reducing the size of both recessions and booms

b.to allow recessions to self-correct while actively preventing booms from growing into bubbles

c.to mitigate recessions while allowing economic booms to run their course

d.to increase the magnitude of both recessions and booms since the net result is higher economic growth

e.to maximize growth by fighting recessions and promoting economic booms

a.to limit the volatility of the business cycle by reducing the size of both recessions and booms.

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