Which of the following statements about economic policy are FALSE?

A. Economic policy is used to ensure all businesses are following regulations.

B. Economic policy helps to control the level of inflation.

C. Economic policy is used to avoid depressions.

D. Economic policy helps manage the level of unemployment.

Answer

The statements about **economic **policy are used to ensure all **businesses **are following regulations. This statement is considered false.

What is Business?

An innovative company or group that engages in professional activities is referred to as a business. They could be industrial, commercial, or something else. Businesses that are for-profit operate to make a profit, whereas those that are nonprofit do so to further a philanthropic cause.

A course of action designed to affect or regulate the economy's behaviour is known as an economic policy. The government normally implements and oversees economic policy.

Therefore, the right option (A) is correct.