The Goal of Fiscal Policy Is to ________,And Typically Focuses

question 66

Multiple Choice

The goal of fiscal policy is to ________,and typically focuses on ________.

• A) balance the federal budget; tax rates and tax revenues
• B) stabilize the supply of money in the economy; price stability
• C) reduce the severity of economic fluctuations; employment and production
• D) eliminate balance of payments deficits or surpluses; exchange rate stability

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Definitions:

Behavior Control

The ability to manage or influence one's actions or reactions in various situations to achieve desired outcomes.

B.F.Skinner

An American psychologist known for his work in behaviorism, particularly the development of the theory of operant conditioning, which relates behaviors to their consequences.

Operant Conditioning

A learning framework in which the force of a behavior is altered by the administration of rewards or corrective actions.

Spontaneous Recovery

A conditioned response that had been eliminated reemerges after a time without any contact with the stimulus that initially created it.