Fiscal Policy Is a Good Option to Stimulate an Economy

question 57

Multiple Choice

Fiscal policy is a good option to stimulate an economy when

• A) consumer saving is very low.
• B) consumer spending is very low.
• C) there has been a negative technological shock in the economy.
• D) Each of these answers is correct.

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Definitions:

Heirs

Individuals legally entitled to inherit a deceased person's property or title.

Escheats

This refers to the state's right to take ownership of property if the owner dies without a will and without heirs.

Five Wishes Document

A legal document that lets people specify their personal, emotional, and spiritual needs in addition to medical wishes in case they become unable to communicate.

Wishes

Expressions of hope or desire for certain outcomes or things to happen.