The nation that the government can establish the macroeconomic is known as ?
Correct answer: A. fine tuning
- A. fine tuning
- B. monestarism
- C. microeconomics foundations of macroeconomics
- D. the classical model
Explanation
Fine-tuning means using government fiscal and monetary policies to adjust aggregate demand and stabilise the macroeconomy. Monetarism is a school of thought, not the government’s active stabilisation policy described here.
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The economy is studied as a whole through national income, gross domestic product, inflation, unemployment, economic growth and business cycles. Coverage includes aggregate demand and supply, consumption and investment, money and banking, fiscal and monetary policy, exchange rates and balance of payments, which distinguishes macroeconomics from the study of individual markets.
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