All of the Following Are Part of Fiscal Policy EXCEPT

question 91

Multiple Choice

All of the following are part of fiscal policy EXCEPT

• A) choosing the size of the government deficit.
• B) controlling the money supply.
• C) setting government spending.
• D) setting tax rates.

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Definitions:

Asset Turnover

A financial metric assessing how well a company utilizes its assets to produce sales income.

Working Capital

A measure of a company’s liquidity; computed as current assets minus current liabilities.

Note Payable

A written agreement in which one party agrees to pay another party a definite sum of money at a future date or on demand.

Current Assets

Assets likely to be converted into cash, sold, or consumed within a year or the normal operating cycle of the business.