Which of the Following Is Considered as a Fiscal Policy

question 58

Multiple Choice

Which of the following is considered as a fiscal policy?

• A)Fixing the exchange rate.
• B)Lowering interest rates.
• C)Removing energy subsidies.
• D)Increasing mortgage rates.

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Definitions:

Agency by Ratification

This occurs when a principal approves and accepts the actions of someone who acted without authority, thereby giving those actions legitimacy and creating an agency relationship retrospectively.

Doctrine

A belief or set of beliefs held and taught by an organization, especially a religious or political one.

Agency Relationship

A legal relationship in which one party, the agent, is authorized to act on behalf of another party, the principal, in conducting business transactions.