Stabilization policy: Question 3 options: attempts to influence the amounts spent and produced in an economy in order to stabilize the business cycle. attempts to influence the amounts taxed and saved in an economy in order to stabilize the business cycle. promotes expansionary policy in an economy in order to maximize swings in the business cycle. promotes contractionary and expansionary policy in an economy in order to destabilize the business cycle. attempts to influence the amounts spent and produced in an economy in order to prevent the economy from reaching or exceeding potential output