Efforts to fine-tune the economy have been used for several decades and as a result:
A) We have successfully achieved our major economic goals at all times.
B) The economy still experiences recessions,high unemployment and inflation at times.
C) Employment goals have been met,but price stability has not been attained.
D) Price stability goals have been met,but full employment has not been attained.

Question

Quizplus · Accepted Answer

Efforts to fine-tune the economy, such as monetary and fiscal policy adjustments, have not eliminated economic challenges. The economy still periodically experiences recessions, high unemployment, and inflation, indicating that while policy efforts can mitigate some economic issues, they cannot ensure constant achievement of all major economic goals.

Efforts to Fine-Tune the Economy Have Been Used for Several