Fiscal Policy Refers to

question 7

Multiple Choice

Fiscal policy refers to

• A) changes in the amount of government expenditures and taxes to achieve particular economic objectives.
• B) changes in the composition of a given amount of government expenditures to achieve particular economic objectives.
• C) changes in interest rates initiated by government action.
• D) any change in government spending or taxes that has the intended effect of destabilizing the economy.

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Definitions:

PCM

Powertrain Control Module, an automotive component that integrates the control of the engine's ignition, fuel injection, and transmission systems.

BCM

Body Control Module, an electronic control unit in a vehicle that manages various functions such as interior lighting, door locks, and windows.

Scanning Tool

A device used in automotive diagnostics to read and clear trouble codes, monitor real-time data, and perform system tests.

Hydraulic System

A system using pressurized fluid to transfer force or motion, found in various machinery and vehicle brake systems.