The Purpose of Fiscal Policy Is to

question 240

Multiple Choice

The purpose of fiscal policy is to

• A) maintain price level stability.
• B) achieve full employment.
• C) promote economic growth.
• D) All of the above answers are correct.

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Definitions:

Silver And Gold

Precious metals historically used as a medium of exchange, investment, and to back currency values in various monetary systems.

Quantity

The amount or number of a material or immaterial good that can be measured or quantified.

Quality

A measure of how good or suitable something is in comparison to similar items or services.

Seigniorage

Seigniorage is the profit made by a government by issuing currency, especially the difference between the face value of coins and their production costs.