Fiscal Policy

question 148

Multiple Choice

Fiscal policy:

• A) is the decrease in private spending that occurs when government increases spending.
• B) occurs when people see that lower taxes today means higher taxes in the future,so instead of spending their tax cut they save it to pay future taxes.
• C) is federal government policy on taxes,spending,and borrowing that is designed to influence business fluctuations.
• D) is central bank policy on the monetary base,interest rates,and bank reserves that is designed to influence business fluctuations.

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Definitions:

Headings

Titles or labels used in written material to organize content and indicate sections or chapters.

Classification

The act or process of organizing items into categories based on shared characteristics or qualities.

Misrepresentation

Incorrectly presenting or portraying information, either intentionally or unintentionally.

Organizational Pattern

The arrangement of ideas, objects, or events in a structured manner to achieve a coherent and logical sequence.