An Intended Goal of Expansionary Fiscal Policy and an Easing

question 37

Multiple Choice

An intended goal of expansionary fiscal policy and an easing of monetary policy is

• A) an increase in interest rates.
• B) an increase in the price level.
• C) the equalization of the distribution of income.
• D) an increase in the level of aggregate output.

---

Definitions:

Postpurchase Stage

The phase after buying a product or service where customers evaluate their purchase experience and form opinions that can impact future behavior.

Consumer Purchase Decision Process

The stages a consumer goes through when deciding to buy a product, typically including need recognition, information search, evaluation, purchase, and post-purchase evaluation.

Sales Promotion

Marketing activities—other than personal selling, advertising, and public relations—that stimulate consumer purchasing and dealer effectiveness, such as coupons, samples, and contests.

Coupons

Vouchers or codes offering a discount or rebate on a particular product or service.