Which of the Following Would Be Classified as Fiscal Policy

question 25

Multiple Choice

Which of the following would be classified as fiscal policy?

• A) Provinces increase taxes to fund education.
• B) The Bank of Canada lowers interest rates to stimulate the economy.
• C) The federal government passes tax cuts to encourage households to install solar panels.
• D) The federal government lowers tax rates to stimulate the economy.

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Definitions:

Significance Level

The threshold below which a p-value must fall for an effect to be considered statistically significant, often denoted as alpha.

National Average

A statistic that represents an average or central value reflecting a condition or attribute throughout a nation.

Surgical Site Infections

Infections that occur after surgery in the part of the body where the surgery took place, posing significant risks for recovery.

Sample Proportion

The ratio of members in a statistical sample that are part of a particular subset of that sample.