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Answer : 3. "stabilisation function"
The intervention of the government whether to expand demand or reduce it constitutes the ___________.
5Q:
The intervention of the government whether to expand demand or reduce it constitutes the ___________.
- 1speculative functionfalse
- 2redistribution functionfalse
- 3stabilisation functiontrue
- 4transaction functionfalse
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Answer : 3. "stabilisation function"
Explanation :
1. Government intervention, whether to expand demand or to reduce it, is called stabilization function.