Answer :
Final answer:
The major goal of short-run macroeconomic policy is to stabilize employment and prevent recessions, which aligns with short-run objectives focused on immediate economic challenges.
Explanation:
The major goal of short-run macroeconomic policy is to stabilize the economy by achieving low unemployment and preventing recessions. This implies that option D) Stabilizing employment and preventing recessions is the correct choice. Short-run policies are typically focused on addressing the immediate challenges facing an economy, rather than long-term goals like economic growth or reducing income inequality. These short-run objectives are critical for maintaining economic health and ensuring that factors such as consumer spending and business investments remain steady.
