The Purpose of Fiscal Policy Should Be to

question 61

Multiple Choice

The purpose of fiscal policy should be to

• A)balance the budget to be fiscally responsible.
• B)balance aggregate supply and aggregate demand.
• C)keep taxes low to keep voters happy.
• D)minimize government spending to avoid wasting money.

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Definitions:

Playing Field

A metaphor for the environment or situation in which a set of activities, especially competitive ones, take place, emphasizing on equal opportunities and fairness.

Politicking

Engaging in political maneuvering or strategy, often involving scheming, intrigue or manipulation to achieve a specific goal or advantage.

Personal Goals

Individual objectives that a person aims to achieve, reflecting their aspirations and values.

Information Management

The collection, storage, organization, and dissemination of information to support decision-making, coordination, control, analysis, and visualization in an organization.