Rajasthan BoardEnglish MediumSTD 12 Humanities & CommerceEconomicsLiberalisation, Privatisation And Globalisation3 Marks
Question
Why are stabilisation measures also referred to as 'macroeconomic stabilisation measures?
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Answer
Stabilisation measures are also referred to as ‘macroeconomic stabilisation measures', as these measures affect the economy as a whole. These measures relate to the changes made in the monetary policy, fiscal policy and exchange rate policy.
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