Question

If the government and Central Bank don't use economic policy, what could happen?

Answer 1

Answer: D. All of the above

Explanation:

Economic policies are the policies athat are out in place by the government in order to control economic activities.

These policies are used to reduce inflation, provide employment opportunities, increase standard of living, encourage economic growth etc.

If the government and Central Bank don't use economic policy, that s cs lead to inflation, increase in unemployment and fall in the GDP.

Therefore, the answer is option D