casper1436 casper1436
  • 17-12-2017
  • Business
contestada

The purpose of countercyclical policy is to​ ____________.

Respuesta :

fernandoalonsoc
fernandoalonsoc fernandoalonsoc
  • 04-10-2019

Answer:

Not to experience severe economical effects driven by boom or recession periods

Explanation:

A 'countercyclical' fiscal policy takes the opposite approach: reducing spending and raising taxes during a boom period, and increasing spending and cutting taxes during a recession.

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