Policymakers who influence aggregate demand can potentially mitigate the severity of economic fluctuations.

Name: Policymakers who influence aggregate demand can potentially mitigate the severity of economic fluctuations.
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Question

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Policymakers can use fiscal and monetary policies to influence aggregate demand, thereby potentially mitigating the severity of economic fluctuations by stimulating the economy during downturns or cooling it during overheating periods.

Policymakers Who Influence Aggregate Demand Can Potentially Mitigate the Severity